Details for MASON CO.BD.OF EDUC (LEG) - Ad from 2017-12-04
MASON COUNTY BOARD OF EDUCATION The Mason County Board of Education will hold a public hearing at the Mason County Charles Straub Elementary School located at 387 Chenault Drive, Maysville, KY 41056, on Monday, December 18, 2017, at 5:30p.m. to hear public comments regarding a proposed tax levy of 54.9 cents on real property and 54.9 cents on personal property. The General Fund tax levied in fiscal year 2017 was 48.8 cents on real property and 48.8 cents on personal property and produced revenue of $6,040,096. The proposed General Fund tax rate of 54.9 cents on real property and 54.9 cents on personal property is expected to produce $6,954,120.51. Of this amount $1,252,654.50 is from new and personal property. The compensating tax for 2018 is 49.1 cents on real property and 49.1 cents on personal property and is expected to produce $6,219,441.11 . The general areas to which revenue of $914,024.51 above 2017 revenue is to be allocated are as follows: Building fund $425,000; maintenance of plant $489,024.51. The General Assembly has required publication of this advertisement and the information contained herein.