Springs School Stays Under the Tax Levy Cap For The 2015-16 School Year

0
3

SPRINGS SCHOOL DISTRICT

2015-16 BUDGET PROPOSAL

The budget vote and school board elections will take place on Tuesday, May 19, from 1 to 9 p.m. in the Springs School Library.

Total District Budget: $27.4 million

Spending Increase, Dollars: $705,442

Spending Increase, Percentage: 2.65-percent

Piercing State Cap? No.

Proposed Tax Levy: $24.5 million

Current Tax Levy: $24.1 million

Tax Levy Increase: 1.58 percent

Projected Tax Rates*: $98.42 per $100 of assessed valuation

Current Tax Rates: $96.05 per $100 of assessed valuation

Tax Rate Increase: 2.47 percent

*Based on estimated property assessments.

Facebook Comments