Proposed Tax Notification | Berea Independent - School Year: 2026-2027
The Berea Independent Board of Education is proposing a general fund tax levy of 87.8 cents on real property and 88 cents on personal property.
The General Fund tax levied in fiscal year 2026 was 86.7 cents on real property and 99 cents on personal property and produced revenue of $2,977,530.24.
The proposed Genreal Fund tax rate of 87.8 cents on real property and 88 cents on personal property is expected to proeuce $3,056,296.62. Of this amount, $234,898.23 is from new and personal property.
The compensative tax for 2027 is 84.5 cents on real property and 86.7 cents on personal property and is expected to produce $2,946,491.77.
The proposed rate is expected to generate more revenue than recieved in the preceding year. The genreal areas to which revenue of $78,766.38 above 2026 revenue is to be allocated are as follows: Cost of collections $1181.50 & instruction $77,584.88.
This information is published pursuant to KRS 160.470. The proposed tax rate is not subject to recall under KRS 132.017.
The General Assembly has required publication of this advertisement and information contained herein.

