PROJECTBUDGET PLANNING

School sales tax funding plan

Floyd County
Detected
Aug 25, 2026
74 days ago
Sector
School Taxes
Est. value
Free account
Detected 74 days agoAug 25

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From the meeting

The Board discussed a proposed 1% sales tax increase intended to fund capital projects for local schools without raising real estate taxes. The minutes said the tax was expected to generate about $40,000 to $46,000 annually from retail and that the funds would be earmarked for new school capital improvement projects and debt payments for those projects. The proposal was discussed, not adopted, at the August 25, 2026 meeting.

Decision state: proposed.

Meeting date
August 25, 2026
Agency
Floyd County

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