Kentucky HB834 amends school district finance laws, including tax rates and budget procedures.

Kentucky HB834 amends several sections of the Kentucky Revised Statutes related to school district finances. It modifies the tax rates that school districts can levy, including a general tax rate that can exceed the compensating tax rate by up to four percent. The bill also outlines procedures for budget preparation and approval, requiring local boards of education to establish budgets with the assistance of the district superintendent and finance officer.

Kentucky HB834 amends school district finance laws, including tax rates and budget procedures.

Kentucky HB834 amends several sections of the Kentucky Revised Statutes related to school district finances. It modifies the tax rates that school districts can levy, including a general tax rate that can exceed the compensating tax rate by up to four percent. The bill also outlines procedures for budget preparation and approval, requiring local boards of education to establish budgets with the assistance of the district superintendent and finance officer.