JCPS passes property tax hike - WDRB 41 Louisville News

JCPS passes property tax hike

Owning a home in Jefferson County will now cost you more money.  The Jefferson County Public School Board approved the first property tax hike in three years.

It raises property taxes one cent per dollar, which means taxes on a $100,000 home will go up $10 a year.

The district says the increase is needed because of huge cuts in state funding and rising fuel and utility costs.  The hike will raise an additional $32 million to help meet those costs and fund teacher pay raises.

Dr. Sheldon Berman, JCPS Superintendent, explains, "The cost of education is increasing markedly.  The state has cut back on its resources.  Without this, we would be significantly compromising our current programs and literally laying people off."

Even with the increase, the district will still have to use about $12 million in reserves to compensate for the money the state cut this year.

Meanwhile, the Oldham County school board voted Monday night not to raise property taxes.  Bullitt County will vote on a proposed increase on September 9th.

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