LOUISVILLE, Ky. — Facing the daunting task of reducing spending by $132 million by next fall, JCPS superintendent Brian Yearwood says the district won't touch local tax rates until it gets its massive budget deficit down to zero.

"We will fix this. We will do it responsibly with great transparency and without asking taxpayers for more before we balance our own budget," Yearwood told attendees at the monthly Louisville Forum, which invited him as this month's speaker to discuss his plan for JCPS' future.

JCPS Board Chairman Corrie Shull told WHAS11 he agrees with Superintendent Yearwood’s assessment that a potential tax increase may be needed to boost revenue.

"We have to balance our budget before we can approach the community asking for more money," Shull said.

Speaking to JCPS student

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