Town Hall · Bancroft

Bancroft, KY town hall & government

Bancroft spent $282,000 in the year to June 30, 2023, about $563 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Bancroft's government.

Town budget

Where Bancroft's money goes

Spent
$282,000
fiscal year to June 30, 2023
Per resident
$563
typical Kentucky cities: $1,581
Long-term debt
None
none outstanding at year end
Police
$118,00042%
Administration & buildings
$98,00035%
Sewer & trash
$52,00018%
Water & other utilities
$8,0003%
Health & welfare
$4,0001%
Roads & transportation
$2,0001%

Where the money comes from

  • Property taxes 53%
  • Sales taxes 34%
  • From the state 7%
  • Interest, fines & other 4%
  • Fees & charges 1%
Town workforce

Who works for Bancroft

Full-time staff
0
8 part-time too
Administration & buildings
0 full-time7 part
Police
0 full-time1 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Jefferson County School District

Bancroft's K–12 school district, shared with Audubon Park, Barbourmeade, Beechwood Village, Bellemeade, Bellewood and Blue Ridge Manor. It is its own government, with a budget separate from the town's.

Spending per pupil
$18,739
Kentucky: $14,752
Students
94,793
in the whole district
Long-term debt
$427.1 million
at year end

Where the district's money comes from Kentucky districts overall: 37% local, 46% state, 17% federal

  • Local 54%
  • State 32%
  • Federal 14%

Of the $18,739 per pupil, $9,906 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Bancroft pay

Typical tax bill
$2,866
a year · Kentucky typical $1,544
Effective rate
0.78%
of home value · Kentucky 0.75%
Typical home value
$368,300
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Bancroft's government

Town hall & decisions in Bancroft →

Beyond town hall

Who represents Bancroft

Bancroft is represented in Congress by Senators Mitch McConnell and Rand Paul and Representative Morgan McGarvey. Andy Beshear is governor.

All of Bancroft's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01