The Fulton Independent Board of Education is proposing a general fund tax levy of 61.8 cents on real property and 61.8 cents on personal property.
The General Fund tax levied in fiscal year 2026 was 61.4 cents on real property and 61.4 cents on personal property and produced revenue of $813,295.30. The proposed General Fund tax rate of 61.8 cents on real property and 61.8 cents on personal property is expected to produce $849,146.51. Of this amount, $201,106.22 is from new and personal property.
The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenue of $35,851.21 above 2026 revenue is to be allocated are as follows: Cost of collections, $1,254.79 and cost of instruction, $34,596.42.
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.
