News

Property tax increase under 1% in school budget

Boone Central Public Schools overall property tax request will increase by slightly less than one percent for 2020-21 fiscal year based on the preliminary budget.
The proposed budget includes tax reductions for both the general fund and bond fund, but there is an increase in the special building fund for the coming year.
Public hearings on the 2020-21 budget and property tax request will be held Monday, Sept. 12. The budget hearing is set for 7:10 p.m., the tax request hearing at 7:20 p.m., and the regular board meeting at 7:30 p.m.
The school district’s taxable valuation declined this year by about $48.730,000 or 3.31 percent to a total of $1,422,281,407.
The district’s total tax request this year will be $8,705,765, or an increase of $82,355 or .995 of one percent from last year’s total tax of $8,623,410.
Complete story in the Sept. 9 Albion News and Petersburg Press, print and e-editions.