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HC Board of Education Tax Rate Proposal

The Hickman County Board of Education is proposing a general fund tax levy of 56.4 cents on real property and 56.8 cents on personal property.

The General Fund tax levied in fiscal year 2026 was 56.4 cents on real property and 56.8 cents on personal property and produced revenue of $2,494,518.36. The proposed General Fund tax

rate of 56.4 cents on real property and 56.8 cents on personal property is expected to produce $2,598,059.50 if 100% of the tax levy is collected. However, 100% of the tax levy is not normally collected; therefore, 97.4284%, the average collection rate over the past five years, is a more reasonable expectation and would produce $2,531,247.29. Of this amount, $909,115.60 is from new and personal property. The compensating tax for 2027 is 55.4 cents on real property and 55.4 cents on personal property and is expected to produce $2,546,475.46 at 100% collection rate and $2,480,989.79 at the 97.4284% five year average collection rate.

The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenue of $103,541.14 above 2026 revenue is to be allocated are as

follows: Cost of collections, $4,141.65; building fund, $9,704.51; instruction, $65,289.18; transportation, $9,506.40; and maintenance of plant, $14,899.40. That assumes a 100% collection rate. A five-year average collection rate would produce $36,728.93 above what was collected in fiscal year 2026.

This information is published pursuant to KRS 160.470. The proposed tax rate is not subject to recall under KRS 132.017.

The General Assembly has required publication of this advertisement and information contained herein.

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We’re excited to introduce and celebrate the newest members of our Hickman County Schools family! This talented group of educators and staff brings fresh ideas, diverse experiences, and a shared passion for helping our students thrive.

Their energy, creativity, and commitment will make a lasting impact in our classrooms and community. We can’t wait to see the amazing things we’ll accomplish together this year.

Let’s give them all a warm welcome and show them the spirit that makes our school so special! #NoPlaceIdRatherBe #FalconFamily