January 5, 200818 yr The difference between an accountant and an attorney. :lol: That was good!:laugh::laugh::laugh::laugh:
January 5, 200818 yr That was good!:laugh::laugh::laugh::laugh: That WAS good.:laugh::laugh::laugh::laugh::laugh:
January 6, 200818 yr No he's still waiting for you in the parking lot at Simon Kenton..:lol::lol::lol: By the way does the kids last name start with a C and end with an e????? Why don't you just say the name?
January 6, 200818 yr It really is just differing local board of educations and separate school district boundaries. It is a public school district that is independent from the public county school district. But they are both public school districts and to the best of my knowledge follow all the same state education laws. The taxpayers in the independent school district pay school taxes to the independent school district but not to the county school district. The voters in the independent district get to vote on for the independent school district's school board but not the county school district's school board. I know this is an oversimplification, but think of the relationship as a city within a county. The citizens of an area decide to form their own municipality independent of the county fiscal court. I know you didn't ask, but I'm not certain as to what standards it would take for an independent school district to be formed today so that the students in an area would go to the independent school as opposed to the existing county school. I can't remember the last independent school that opened as the trend these days is for the independent schools to be consolidated into the county school (think Harrodsburg merger into Mercer County). Most independent school districts are having a tough time financially these days. They are generally smaller and don't gain the efficiencies of scale that the larger public schools do would be my guess for the financial difficulties. Hope that helps. Please explain school tax in Ky. I used to live there several years ago. I remember paying school taxes on just about every utility bill. Is that the only school tax...or is there more taxes earmarked for schools? Also...is the personal property tax still assessed on vehicles at 1% of NADA value? We have the same issues with independent schools here in TN. Alcoa has won the 2a state title the last 4 years. Maryville has won 60 games in a row in 4a. Both are independent schools a few miles apart in Blount County. They both charge tuition for out of zone kids.
January 6, 200818 yr Please explain school tax in Ky. I used to live there several years ago. I remember paying school taxes on just about every utility bill. Is that the only school tax...or is there more taxes earmarked for schools? Also...is the personal property tax still assessed on vehicles at 1% of NADA value? We have the same issues with independent schools here in TN. Alcoa has won the 2a state title the last 4 years. Maryville has won 60 games in a row in 4a. Both are independent schools a few miles apart in Blount County. They both charge tuition for out of zone kids. Some school districts have enacted utility taxes. If I recall correctly (and its been a few years since Ft.Thomas enacted their's), I think the max utility tax is 3% but I'm not sure about that. I don't know what percentage of school districts have enacted the utility tax however. In districts with a lot of heavy utility using businesses, this utility tax can be a big dollar amount, and I don't believe it counts towards the SEEK formula calculation, so it can be a big benefit to districts with a lot of heavy utility using businesses. The school districts also receive another portion of their revenues from the real estate valuation. As HHSDad pointed out, the tax rate varies from school district to district. The rate is adjusted each year based on the aggregate valuation of real property in the school district (HB 44 which was enacted year's ago, prevents the total revenue from exceeding 4% more than the prior year, thus if property values in the district go up a lot, the tax rate has to be adjusted so the total tax revenues don't exceed the prior year's total tax revenues by 4%. Revenues from newly developed property are not included in that 4% as I recall). And of course the biggest source of revenue comes from the State under the SEEK formula which is the subject of a lot of controversy. Hope that helps.
January 7, 200818 yr Some school districts have enacted utility taxes. If I recall correctly (and its been a few years since Ft.Thomas enacted their's), I think the max utility tax is 3% but I'm not sure about that. I don't know what percentage of school districts have enacted the utility tax however. In districts with a lot of heavy utility using businesses, this utility tax can be a big dollar amount, and I don't believe it counts towards the SEEK formula calculation, so it can be a big benefit to districts with a lot of heavy utility using businesses. The school districts also receive another portion of their revenues from the real estate valuation. As HHSDad pointed out, the tax rate varies from school district to district. The rate is adjusted each year based on the aggregate valuation of real property in the school district (HB 44 which was enacted year's ago, prevents the total revenue from exceeding 4% more than the prior year, thus if property values in the district go up a lot, the tax rate has to be adjusted so the total tax revenues don't exceed the prior year's total tax revenues by 4%. Revenues from newly developed property are not included in that 4% as I recall). And of course the biggest source of revenue comes from the State under the SEEK formula which is the subject of a lot of controversy. Hope that helps. Thanks for the breakdown LN. Where does Highlands rank under the SEEK formula? :lol:
January 7, 200818 yr Some school districts have enacted utility taxes. If I recall correctly (and its been a few years since Ft.Thomas enacted their's), I think the max utility tax is 3% but I'm not sure about that. I don't know what percentage of school districts have enacted the utility tax however. In districts with a lot of heavy utility using businesses, this utility tax can be a big dollar amount, and I don't believe it counts towards the SEEK formula calculation, so it can be a big benefit to districts with a lot of heavy utility using businesses. The school districts also receive another portion of their revenues from the real estate valuation. As HHSDad pointed out, the tax rate varies from school district to district. The rate is adjusted each year based on the aggregate valuation of real property in the school district (HB 44 which was enacted year's ago, prevents the total revenue from exceeding 4% more than the prior year, thus if property values in the district go up a lot, the tax rate has to be adjusted so the total tax revenues don't exceed the prior year's total tax revenues by 4%. Revenues from newly developed property are not included in that 4% as I recall). And of course the biggest source of revenue comes from the State under the SEEK formula which is the subject of a lot of controversy. Hope that helps. What is the SEEK formula? I haven't heard of that.
January 7, 200818 yr What is the SEEK formula? I haven't heard of that. Funding formula used by the state to determine how much money each school district is going to receive.
January 7, 200818 yr SEEK Substandard Equity for nearly Every school in northern Kentucky... Sad but true.....:irked:
January 17, 200818 yr Can we add Lloyd to this list. Does Lloyd have an agreement with Simon Kenton with kids wanting to go there and living in SK's district? Can a kid transfer mid-year and still be eligible?
January 17, 200818 yr Best information yet. Seems like the independents would be next on the KHSAA membership at large hit list for having too much success once the privates are thrown out. KHSAA-private champs KHSAA-independent champs KHSAA-reciprical champs KHSAA-open enrollment within same county champs KHSAA-state at large champs more than 850 studnets KHSAA-state at large champs less than 850 students There's the six divisions for 2020.:walk:
January 17, 200818 yr Best information yet. Seems like the independents would be next on the KHSAA membership at large hit list for having too much success once the privates are thrown out. KHSAA-private champs KHSAA-independent champs KHSAA-reciprical champs KHSAA-open enrollment within same county champs KHSAA-state at large champs more than 850 studnets KHSAA-state at large champs less than 850 students There's the six divisions for 2020.:walk: Looks good. You may have hit on something. We have 6 now anyway.
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