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District overview

Spencer County School District

Funding structure, how it compares to peers, and where major projects stand.

How the district is funded and governed

County school district governed by an elected five-member board

The Board adopts budgets, tax rates, policies, contracts and facilities actions through public meetings.

Operating funding

The FY2025 audit reports $35.087 million in General Fund revenue. FY2027 Period 3 identifies year-to-date external receipts from local, state and federal sources, separately from interfund transfers and beginning balance.

Elementary and middle-school program

The Board authorized up to $33.655 million in general-obligation bonds, with a ten-percent variance, for elementary and middle-school renovation and expansion.

High-school roof

The Board approved an $835,000 BG-1 and a $728,777 cooperative agreement for the partial reroof.

FY2027 finance

FY2027 year-to-date through September reports $4.209 million in receipts including transfers and $5.141 million in total resources.

Tax levy

The Board approved a 60.3-cent real and tangible property rate on September 1, 2026.

Some meeting outcomes remain unknown where only an agenda is public or a linked document could not be read.

Where the district stands

FY2027 year-to-date receipts through September, including transfersverified
4,208,946.32 USD

Includes $267,507.39 in transfers; external receipts are $3,941,438.93.

FY2025 General Fund revenueverified
35,087,479 USD

Major projects

Elementary and middle-school renovation and expansion

Bond financing authorized; later records document ongoing project applications and changes

The Board authorized up to $33.655 million in general-obligation bonds, within a ten-percent variance.

Next: Future Board records should document remaining construction actions, final costs and closeout.
  1. Board authorized bond issuance.
  2. Board records document continuing project administration and applications.
  3. Board records document further project actions.
  4. Board approved $686,149.15 in project applications and flooring changes.

Funding

The Board authorized up to $33,655,000 of general-obligation bond financing, within a ten-percent variance; that authorization is not presented as the final total project cost.

Spencer County High School partial reroof

BG-1 and cooperative agreement approved

The Board approved an $835,000 BG-1 and $728,777 agreement. Three approved pay applications total $728,776.99; these payments do not by themselves establish project completion.

Next: Future records should establish completion and final costs.
  1. Board approved BG-1 and cooperative agreement.
  2. Board approved pay applications 2 and 3.

Funding

Not established in the reviewed records.

Local elections & school board members

Elections & votes

Board electionScheduled

Spencer County Board of Education District 1 election

Spencer County Educational District 1

Voters in District 1 choose one Board member. The official November 3, 2026 ballot lists Korey Craddock, Bart Stark.

Official source · verified Oct 20, 2026

Board electionScheduled

Spencer County Board of Education District 2 election

Spencer County Educational District 2

Voters in District 2 choose one Board member. The official November 3, 2026 ballot lists Bland Baird.

Official source · verified Oct 20, 2026

Board electionScheduled

Spencer County Board of Education District 3 election

Spencer County Educational District 3

Voters in District 3 choose one Board member. The official November 3, 2026 ballot lists Jason Phelps.

Official source · verified Oct 20, 2026

Board electionScheduled

Spencer County Board of Education District 5 election

Spencer County Educational District 5

Voters in District 5 choose one Board member. The official November 3, 2026 ballot lists Nicholas D Richardson, Sandy Clevenger.

Official source · verified Oct 20, 2026

School board members

Recent news

Official Board meeting, finance, audit and policy records support the facts and dates shown here.

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