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Fayette County Board previews FY2027 levy rates after $89M valuation increase; vote set for April 21
Summary
Finance staff told the Fayette County Board the district’s assessed property values rose roughly $89 million (including about $52 million in public utilities), producing a proposed FY2027 levy revenue estimate of $23,444,791; the board will submit rates to the state auditor and vote April 21.
Paula Fidley, the staff member who prepared the district’s levy schedule, told the Fayette County Board at a special meeting that assessed property values in the county rose by about $89 million, driven largely by roughly $52 million in class‑3 public utilities. The increase affects the district’s projected property tax yield for fiscal year 2027.
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