Wednesday, August 27, 2014

Fort Thomas Board of Ed. to Hold Public Hearing on Proposed Tax Levy

Fort Thomas Board of Education Central Office, 28 N. Fort Thomas Ave.
Should the Fort Thomas Board of Education adopt the recommended 4% tax increase for the 2014-15 school year? The board wants to know what the public thinks.

Toward this end, the Board will hold a public hearing on Thursday, August 28, at 7:00 p.m. to gauge public opinion on the issue of funding the five Fort Thomas Independent District schools. The meeting will be held at the district's Central Office, located at 28 N. Fort Thomas Ave.

Board member Karen Allen and Superintendent Gene Kirchner are scheduled to speak during the hearing, in addition to time made available for public comment. The tax increase, if approved and adopted by the board, could be made in the form of increases to real property, personal property, and/or motor vehicle tax rates on a local level.

A 4% tax increase is permissible, but not required, to all special tax districts, which includes local school districts, by KRS 160.470, colloquially known as "House Bill 44," passed in the late 1970s. The statute allows special tax districts to raise tax rates by no more than 4% each year without a ballot measure, to account for inflation.

All residents with an opinion on this matter are encouraged to attend Thursday night's hearing.

What do you think? Join the conversation on FTM's Facebook page, or find us on Twitter!

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