Commonwealth of Kentucky Department of Education Division of District Support Division of Data Management
From F-1 Rev. 07/2008
Tax Rates Levied For School Year 2018- 2019
School District Madison County #365
Contact
Name Mack A. Woods, CFO
Contact Number
(859) 624-4500
To the Kentucky Board of Education Frankfort. NY
In Compliance with Kentucky Revised Statutes and the regulations of the Kentucky Board of Education, we, the board of education of the above named school district, hereby submit for your approval the following tax rates levied on 08/23/2018.
For rates that exceeded compensating and HB 940 tax rates, the notice and hearing requirements of KRS 160.470(7)(b)" published at least twice for two 2 consecutive weeks, the newspaper of largest circulation in the county the public hearing which be held not less that seven days nor more than ten 10 days after the day that the second advertisement is published, have been met.
An advertisement was placed in the Richmond Register & Hearald Leader newspaper on 08/10/2018 (date of first advertisement) and 08/15/2018 (date of second advertisement)
The public hearing was held on 08/23/2018.
For rates subject to recall, an additional advertisement was made on within 7 days of the hearing as required by KRS 160.470(8) Ones the forty-Five (45 days have passed since the rate was levied. we will send notification of whether a valid petition was presented If a valid petition was presented. We will indicate whether we intend to place the issue before the votors for approval.
If advertisement was required. the rates levied do not exceed the proposed rates advertised.
Rate Levied (Please circle type) Compensating Sub (1) 4% House Bill 940 Other
Please enter the actual rate below with exoneration amount if applicable.
Portion Restricted for Building Fund. (KRS 157.440. KRS 160.476) 17.4 ¢ has been commited to the building fund. This includes a minimum of 5.8 ¢
5.8 ¢ FSPK Nickel
5.8 ¢ Equalized Growth Nickel Date Levied 10/21/2003
0.0 ¢ Equalized Facility Funding Nickel Date Levied
5.8 ¢ Original Growth Nickel Date levied 10/11/2001
0.0 ¢ Recallable nickel Date levied
0.0 ¢ BRAC Nickel Date levied
0.0 ¢ Category 5 Nickel Date levied
(Please note that the portion restricted for the building fund must be at lease the rate to produce the 5¢ equivalent as shown on the tax rate certification.)
Motor Vehicle Rate 55.8
Occupational Tax (KRS 160.605 0.00 % Utility Tax (KRS 160.613) 3.0% Excise Tax (KRS 160.613) 0.0%
Does your Utility Gross Receipts License Tax apply to cable services? Yes
Tangible Property (See Instructions)
Taxed Exempted
Aircraft - Recreational & Non-Commercial (KRS 132.200 (18) X
Watercraft Non-Commercial Out-of-State or Caost Guard Registered KRS 132.200 (19)
Superintendent’s Signature Date
Board Chairperson’s Signature
Date
Tax Rates Levied approved by the Kentucky Board of Education on
The Office of District Support Services will stamp the date on this form when the Kentucky Board education approves the tax rates.