The Oldham County Board of Education approved the payments at its Wednesday night meeting.
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Superintendent Jason Radford said the school district will have a teacher in every classroom.
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Jefferson County Public Schools began NTI learning on Tuesday after being able to avoid it so far this school year.
Because of a federal CDC order, masks will continue to be required for all students and drivers while on school buses.
The board said the rate will generate an additional $3 million in revenue due to increased property values.
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Jason Radford primary focus now, he says, is learning more about the district’s successes and areas that may need attention.
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Jason Radford was one of three finalists for the impending superintendent vacancy.
Schultz, who has been superintendent of the district since July 2016, made the announcement during the Oldham County Board of Education meeting.
The decision came just after Gov. Andy Beshear's recommendation that public and private schools delay in-person instruction for the school year until at least the third week of August.
The Oldham County Board of Education approved $6.4 million in improvements Monday for South Oldham High School.