UPDATE: Scott Co. Board Of Ed. Withdraws Proposed 23% Tax Increase

UPDATE: Scott Co. Board Of Ed. Withdraws Proposed 23% Tax Increase

The Scott County Board of Education decided it will not move forward with its proposal to increase property taxes by 23% to ten cents per $100 of assessed value.
There was a big change of plans Tuesday night in Georgetown.

The Scott County Board of Education decided it will not move forward with its proposal to increase property taxes by 23% to ten cents per $100 of assessed value.

The money was going to help accelerate construction on the district's new high school.

It's needed to help ease overcrowding in one of the fastest growing school districts in Kentucky.

There was a packed house Tuesday for the school board meeting.

The board's vote of 3-to-2 scrapped the controversial plan.

Those against the increase had gathered enough names on a petition to require voters' approval for the change.

Because of the board's decision, that referendum will not take place.

A four percent tax hike, which went into effect last summer, will remain.

That's the maximum percentage allowed under law that can be implemented without voters' approval.

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