Kentucky law requires that schools may not collect more than four percent of the previous year’s tax revenues without board approval, and that a public hearing must be held first. If the rate exceeds four percent, it is subject to a public recall vote. Currently, the schools collect 44.7 cents for every $100 of assessed property value. McGinnis has recommended that the board lower the rate to 44.4 cents, because revenue would otherwise go above the four percent mark. This is because the value of Trigg County property has increased in the last year, he said.
McGinnis told The Cadiz Record that he is pleased that taxes can actually be lowered while the board can still collect more revenue than last year. The law requires that the new tax levy be set within 30 days of the certified property assessment.
The board also approved the payment to $364,252.50 to A & K Construction for renovations to the elementary school building, which now houses the primary and intermediate schools. This was the third payment to the company for the renovation project.
At the end of the meeting, the board went into executive session to discuss what McGinnis called “possible litigation against or on behalf of the board.” McGinnis said he couldn’t give any details on the nature of the litigation.
Before official business was discussed, the board took time to recognize four Trigg County bus drivers for taking part in several safety competitions in the last few months. Roger Kerns, the county’s driver trainer, expressed for his appreciation for their work. The drivers present were Jaye Jaye Knicklebein, Ronnie Bridges, Carol Black and Stacey Parrent. Knicklebein won first place at the International Safety Competition last month and Bridges placed 30th. Board members gave each of the drivers certificates of appreciation.
“It’s so reassuring to know we have such competent, capable bus drivers,” McGinnis said.