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JCPS plans $132M in cuts, eyes taxes and school closures to address $188M deficit.
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The largest school district in Kentucky is currently short $188 million, and district leaders said in mid-September that it could be forced to sell assets to meet payroll.
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At a Revenue Advisory Task Force meeting Monday, district leaders discussed the financial crisis
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JCPS received approximately $500 million in federal COVID relief funds, which have now largely dried up, coupled with reduced state funding.
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Whatever route the school board decides to take to increase its coffers, it may be subject to a vote in next year’s general election if at least 35,615 voters affected by the proposed tax increase sign a recall petition.