School Board Keeps Tax Rates Same As Last Year

Darren Doyle, story:
​The Edmonson County Board of Education conducted their tax rate hearing, followed by a Special Called Meeting on Thursday, September 18, 2020 where the Board voted keep all tax rates for 2021 the same as the tax rates for 2020.

As of January 01, 2021,  the tax rates will be as follows:

• General Fund Real Estate Property: 45.9 cents per $100.00 of assessed value
• General Fund Personal Property:45.9 cents per $100.00 of assessed value
• Motor Vehicle Tax:50.3 cents per $100.00 of assessed value

"While we have one of the lower tax rates in the area, it's very important to the Board and myself to keep tax rates steady in this unprecedented time in dealing with a pandemic," said Superintendent of Schools Brian Alexander. "Keeping an identical rate from last year will allow the District to maintain a good financial standing and allows the district to avoid major cuts into existing programs as well as allow the district to continue to staff schools below state requirements."