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1.
Hearing Call to order
2.
Roll Call
3.
Discussion of potential tax rates for 2015-2016 school year FY 16.
Current rate 67.9
Compensating rate 69.1 (generates $396,945 General Fund Real Estate and Personal Property)
2% rate 70.4 (generates approximately $404,700 General Fund Real Estate and Personal Property)
4% rate 71.8 (generates $412,454 General Fund Real Estate and Personal Property)
To put the proposed rates for consideration in perspective, a person owning a $75,000 home in the school district is currently paying $509.25 a year based on a current rate of 67.9 cents. The same home with potential rate changes would be:
$518.25 at the compensating rate of 69.1 cents ($9 more than current per yr)
$528 at the 2% rate of 70.4 cents ($18.75 more than current per yr)
$538.50 at the 4% rate of 71.8 cents ($29.25 more than current per yr)
4.
Hearing adjournment
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