The Grayson County Board of Education is proposing a general fund tax levy of 55.8 cents on real property and 58.6 cents on personal property. The new rates for 2026 represent a decrease in the real property tax rates and no change in the personal property tax rate.
The General Fund tax levied in fiscal year 2026 was 56.9 cents on real property and 58.6 cents on personal property and produced revenue of $10,390,370. The proposed General Fund tax rate of 55.8 cents on real property and 58.6 cents on personal property is expected to produce $11,095,222. Of this amount, $1,564,353 is from new and personal property. The compensating tax for 2027 is 53.7 cents on real property and 58.6 cents on personal property and is expected to produce $11,028,930.
The Grayson County Board of Education is proposing a general fund tax levy of 55.8 cents on real property and 58.6 cents on personal property.
The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenue of $704,852 above 2026 revenue is to be allocated are as follows: Cost of collections, $28,194; instruction, $563,882; transportation, $42,291; and maintenance of plant, $70,485.
The General Assembly has required publication of this advertisement and information contained herein. This information is published pursuant to KRS 160.470. The proposed tax rate is not subject to recall under KRS 132.017.