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At its regular meeting on August 26, 2024, the Jessamine County Board of Education discussed and set the real estate tax rate for the 2025 fiscal year at 67.8 cents per $100 of assessed property value, lowering it from the 2024 rate of 68.6 cents per $100 of assessed property value. 

“This decision balances our commitment to providing high-quality education with the responsibility of managing our district’s resources effectively. We understand the impact of taxes on our community, and we are dedicated to ensuring that every dollar supports the success of our students,” read a statement from the Board of Education. 

According to Kentucky Revised Statutes (KRS) 160.470, a local board of education can adopt a tax rate up to and including a 4 percent revenue increase without the need for advertising or holding a public hearing.

The Jessamine County Property Valuation Administration includes historical Jessamine County Property Assessments on its website. From 2021 to 2022, the value of residential, agricultural, and commercial properties in the county increased by 6.88 percent. From 2022 to 2023, the overall value of property increased by 9.70 percent. 

According to Patrice Jones, the director of public relations for Jessamine County Schools, 2024-2025 marks the seventh consecutive year that the Jessamine County Board of Education has voted to decrease or keep the tax rate the same.