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Board approves combined FY26 budget and ad valorem tax request; board member seeks clarification on rate change

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Summary

The board approved the district’s combined fiscal year 2025–26 budget and an ad valorem tax request; a board member asked whether the tax rate would increase and was told the spreadsheet showed the rate decreased from 60.17 to 60.04.

The Louisville Municipal School District board approved the combined fiscal year 2025–26 budget and the district’s ad valorem tax request by voice votes.

During consideration of the ad valorem tax request, a board member asked for clarification whether taxes were increasing because of the school. A speaker referenced the spreadsheet and said “it went down from 60.17 … to 60.04,” indicating the ad valorem figure shown on the submitted documents was lower than the prior number shown; no further tax-rate detail or calculation was provided during the discussion.

The board moved and seconded both items and approved them by voice vote. The board record indicates approval of the combined budget and the ad valorem tax request as presented; detailed line-item budget figures beyond the ad valorem rate excerpt were not discussed during the recorded portion of the meeting.