The United School District held their monthly board meeting earlier this week and like the other schools in our area, the main topic was the Tax Levy. Superintendent Jeff Whitsitt has more:
“We project about a 5.25% increase in our EAV. So that impacts our rate a little bit. Really our rate we have worked to lower the rate because come January we will talk about the life safety bonds. We will need the money up front so we will talk in January to pass a resolution to issue life safety bonds of 6.5 million and another 1.5 million of working cash bonds to get some projects accomplished for the district. Obviously that will impact our levy in the end, so we looked at our base levy and are working hard to lessen that so the impact of what needs to be added to the bond isn’t harsh toward our taxpayers. I think what we ended up with our projections, we are looking at about a 9 cent increase on our tax rate,” states Whitsitt.
Whitsitt goes on to report that the board has also passed an abatement resolution to pay $300,000 toward the existing life safety bonds through their one percent sales tax revenues.
To hear Whitsitt’s entire interview, click on the link below:
