Saturday, January 24, 2009

Housing declines could be education challenge

If property values go down, local revenue for schools will decline as well. That makes the Herald-Leader's report on the housing market one to note:
None of us in this business have ever seen it this way," said Haymaker Development Co.'s Tim Haymaker. Haymaker tracks single-family home permits issued in Fayette County and said 2008's number was the lowest since 1982.

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Updates and data on Kentucky education!