AC budget targets high school improvements
The Adams Central Board of Education has plans for use of the dollars that will be generated from a nearly 2-cent increase in the tax levy rate for the district’s Special Building Fund.
On Monday, the board approved the budget with a tax levy rate of 99.7 cents per $100 valuation. That’s a decrease from the tax levy rate of $1.02 per $100 valuation for the 2011-12 fiscal year.
The total tax asking for the 2012-13 fiscal year is $11.267 million. While the district’s tax levy rate is going down, the valuation in the county went up, meaning that taxpayers will still likely be paying more in this next year.
Board president Roger Krabel said part of the reason the board agreed to increase the tax levy rate for the Special Building Fund was to address facility concerns at the high school that have been put on the back burner for the past several years. That has happened, he said, because the board has been focusing on the future of the elementary system and dollars needed for those facilities.
The Adams Central Board of Education has plans for use of the dollars that will be generated from a nearly 2-cent increase in the tax levy rate for the district’s Special Building Fund.
On Monday, the board approved the budget with a tax levy rate of 99.7 cents per $100 valuation. That’s a decrease from the tax levy rate of $1.02 per $100 valuation for the 2011-12 fiscal year.
The total tax asking for the 2012-13 fiscal year is $11.267 million. While the district’s tax levy rate is going down, the valuation in the county went up, meaning that taxpayers will still likely be paying more in this next year.
Board president Roger Krabel said part of the reason the board agreed to increase the tax levy rate for the Special Building Fund was to address facility concerns at the high school that have been put on the back burner for the past several years. That has happened, he said, because the board has been focusing on the future of the elementary system and dollars needed for those facilities.
To read more, see Tuesday's Hastings Tribune or the Tribune e-edition.>>>
