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Board adopted a 68.1-cent compensating property tax rate

Financial
Excerpt from Letcher County School Board — September 17, 2026 tax-rate meeting recording for Board adopted a 68.1-cent compensating property…
Official source excerpt: Letcher County School Board — September 17, 2026 tax-rate meeting recording; editorial caption by Our School Board · source-evidence

What happened

The September 17 action sets the real and personal property rate at 68.1 cents per $100, compared with 68.0 cents in FY2026. The meeting contrasted $3,211,511.27 in prior-year revenue with a $4,128,618.57 projection based on 100% collection.

Why it matters to families

The adopted levy is 0.1 cent per $100 higher. The meeting does not show that this small rate change causes the larger revenue comparison: officials said the prior collection rate was 93%, and the source does not reconcile assessed-value changes or make the two revenue figures comparable.

The evidence

The official special-meeting record confirms approval. The full recording states both rates and explains that the new projection assumes 100% collection while prior collections were about 93%. Vehicle at 49.6 cents and utility at 3% were described as unchanged.

The source

Letcher County School Board — September 17, 2026 tax-rate meeting recording

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