Published 08/29/2024 4:21:48 p.m.

Newport Board of Education approves lowest tax rate proposal amid opposition

Summary by LINK Nky

After a contentious public hearing Wednesday night, Newport’s board of education voted to take the lowest compensating tax rate of four proposals. Of the superintendent’s four proposals, the winning rate was $7.68 per $1,000 of assessed property value. The school district’s current property tax rate is $9.64 per $1,000 of assessed property value. Four proposals for the 2025 rate ranged from the compensating rate at $7.68 on the low end up to the…

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Newport Board of Education approves lowest tax rate proposal amid opposition

After a contentious public hearing Wednesday night, Newport’s board of education voted to take the lowest compensating tax rate of four proposals. Of the superintendent’s four proposals, the winning rate was $7.68 per $1,000 of assessed property value. The school district’s current property tax rate is $9.64 per $1,000 of assessed property value. Four proposals for the 2025 rate ranged from the compensating rate at $7.68 on the low end up to the…

08/29/2024 4:21:48 p.m.

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