Order #74 - Motion Failed:  Based upon the recommendation of Superintendent Phillip Watts, a general fund tax levy of 69.2 cents on real property and 69.2 cents on personal property for the 2023-24 fiscal year. This rate is 3.7 cents per 100 dollars of assessments higher than four percent (4%) over the amount of revenue produced by the compensating tax rate defined in KRS 132.010. The district will not begin collecting this additional revenue of 3.7 cents ($.037) per one hundred dollars ($100) of property assessed from this levy until the 2024-25 fiscal year. Of this 69.2 cents tax rate, the five cents ($.05) equivalent tax rate (nickel equivalent) on real and personal property, which will produce revenue of 6.2 cents ($.062) per one hundred dollars ($100) of property assessed will be dedicated to the building fund for major renovation of existing school facilities, new construction, and debt service. failed with a motion by Mr. Albert Little and a second by Mrs. Tiffany Combs.

Order #75 - Motion Passed:  Based upon the recommendation of Superintendent Phillip Watts, general fund tax levy of 63 cents on real property and 63 cents on personal property per one hundred dollars ($100) of property assessed for the 2023-24 fiscal year. This is the compensating tax rate that produces an amount of revenue approximately equal to that produced in the 2022-23 fiscal year passed with a motion by Mr. Albert Little and a second by Mrs. Tiffany Combs.

Order #76 - Motion Passed:  There being no further business of the Board, adjournment at 6:06p.m., passed with a motion by Mr. Albert Little and a second by Mrs. Tiffany Combs.