Barbourville Independent BOE rescinds 4% tax increase

Barbourville Schools Superintendent Larry Warren opens the public hearing on the proposed 2014-15 tax increase
Barbourville Schools Superintendent Larry Warren opens the public hearing on the proposed 2014-15 tax increase

 

On Sept. 4, the Barbourville Schools administration recommended a two percent tax increase over the two percent compensating rate to help balance the 2013-14 budget. At that time, the board voted to approve the rate.

However, after a public hearing Friday, the board rescinded the original motion and voted unanimously to adopt only the two percent compensating rate, which is mandated by the state.
School administrators came into Friday’s meeting with a working school budget based on the four percent tax increase. Now, they will have to go back to the drawing board and find a way to cut more than $18,000 from the school’s budget.
A special called board meeting will be held at 5 p.m. Tuesday to adopt a revised working budget.