The Pattonsburg Board of Education set the debt service levy and tax rate during their regular meeting held Aug. 18.
The school’s assessed valuation is $11,990,424. The proposed levy is as follows: Incidental Fund Levy 4.5830; Teachers Fund 0.0; Debt Service Fund Levy 0.5926; Capital Projects Fund 0.0. The total tax rate is 5.1756.
The board set the tax rate during the tax rate hearing as follows: $4.5830/$100 of assessed