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.

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