FISCAL YEAR TOTAL REAL
ESTATE RATE
GENERAL
FUND RATE
BUILDING
FUND RATE
%
INCREASE
2015 / 2016 76.5 54.1 22.4 0.00%
2014 / 2015 76.5 54.1 22.4 4.22%
2013 / 2014 73.4 51.3 22.0 6.5%
2012 / 2013 68.9 46.5 22.4 0.00%
2011 / 2012 68.9 46.5 22.4 0.00%
2010 / 2011 68.9 46.5 22.4 2.99%
2009 / 2010 66.9 44.9 22.0 0.00%
2008 / 2009 66.9 44.5 22.4 0.00%
2007 / 2008 66.9 44.5 22.4 2.92%
2006 / 2007 65.0 43.4 21.6 -1.96%
2005 / 2006 66.3 43.9 22.4 -1.04%
2004 / 2005 67.0 44.6 22.4 0.00%
2003 / 2004 67.0 46.6 20.4 -

TOTAL 10 year % increase 13.63% or 9.5 cents higher or $95 higher per $100,000 valuation
AVERAGE per Year % increase 1.36%


  • The Kentucky Department of Education July 21, 2015, report on district tax levies for year 2014/15 reflects that Oldham County's overall real property tax rate of 76.5 cents is surpassed by 26 other Kentucky school districts.  By local comparison, for 2014/15, Shelby County's rate is 71.5 cents and Jefferson County is 71 cents. 
  • Oldham County Schools receives less state SEEK funding than many other Kentucky school districts — in 2014/15, we ranked 154th out of 172 districts in terms of state funding per pupil. Just 17 other districts in the Commonwealth receive less SEEK funding than OCS. For additional data, click here. For more on how school districts are funded through local, state and federal sources, visit our "Finance 101" modules.
  • The current Building Fund tax rate of "four nickels" began in 2003/2004 as Oldham County was experiencing high rates of growth in student population for most of 2000-2010 decade. The District has built five new schools since 2005 that were financed by School Building Revenue bonds that are repaid over 20 year bond/mortgage repayment schedules on each building, by using Local Building tax levies and State matching funds for facilities. It should be noted that almost 1/3 of local tax revenues go to support repaying bonds and completing other renovations of facilities in the District, and thereby limiting available tax revenures for operating expenses.