Covington Schools Cut Tax Rate | Lexington News

Covington’s school board just dropped the property tax rate to 86.8 cents per $100 of assessed value — a 9% cut from the current 95.1 cents — but homeowners might be surprised to hear it’s actually boosting revenue by 4%. Thanks to rising home values, the district is set to collect more money while staying fiscally responsible. Superintendent Cortnei Flucas says the extra funds will help cover rising costs for staff, utilities, and insurance, and Board Chair Tom Haggard calls this the lowest real property tax rate in over 20 years — all while staying within state guidelines. It’s a smart move that benefits both taxpayers and schools. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://nkytribune.com/2026/09/covington-board-of-education-reduces-property-tax-rate-for-new-fiscal-year-lowest-rate-since-2003-04/ More coverage & latest updates:https://sources.thednn.ai/ce9654145c1ad97e Report issues to [email protected].