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Holmes High School ROTC
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First Day of School 2018
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Ninth District Science Fair
Ninth District Science Fair
Ninth District Science Fair
Ninth District Science Fair
Ninth District Science Fair
Holmes jumps out to an early lead.
Holmes jumps out to an early lead.
Students at Sixth District enjoy breakfast with Santa.
Students at Sixth District enjoy breakfast with Santa.
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Ms. McHugh helps a student zip her coat.
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Middle School Band Concert
Covington Schools Board of Education
Covington Schools Board of Education
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Students are hard at work on the first day of school.
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Students pose with Mayor Joe Meyer and Amazon representatives after large donation from Amazon.
Amazon Donates $10,000 of STEM Equipment to Holmes Middle School
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Covington Board of Education lowers tax rate

Covington Board of Education lowers tax rate

For the fourth year in a row, the Covington Board of Education has decided not to increase its property tax rate.  At its meeting Wednesday night, the board voted 5-0 to take the minimum compensating tax instead of an allowable 4 percent increase. 

Superintendent Alvin Garrison credited board leadership with not having to increase the tax rate. He said the district's budget committee, which includes two board members, the district's finance director and other district personnel, meets throughout the year to review the budget - looking at spending patterns and ways to reduce costs. 

"The district has been good stewards of taxpayers' money,'' Garrison said.

Taking the compensating rate means the district will generate nearly the same amount of revenues as it did the previous year.  The board's action decreases the real property tax rate from 113.2 cents to 111.1 cents per $100 of assessed valuation, while the property tax rate will go from 115.6 cents to 115.7 cents per $100 property valuation.  The new rate is expected to generate $16,800,017.

"This is huge that we are lowering the tax rates,'' said Julie Geisen Scheper, vice chair of the board. 

Board Chair Joyce Baker said the ongoing budgeting process has proven to be healthy for taxpayers and the district.

"At this time, we feel that it is in the best interest of the district and the community to take the compensating rate,'' she said.  

Board member Jerry Avery, who is a member of the budgeting committee, said the committee is always looking at ways to save money.

 




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Covington Independent Public Schools  |  25 E 7th St.  |  Covington, KY 41011
Phone:859.392.1000  |  Fax:859.292.5970