Final School Budget Approved for 2019-2020
June 10, 2019
The school budget for the 2018-2019 school year was approved on Monday June 10, 2019. It included the approval of Resolution 20-02 for the 2019-2020 General Fund Budget and the Resolution 20-03 for the 3% increase to the 2019-2020 School Real Estate Tax. Ms. Lynn Weber, Mr. John Auerbach, and Mr. Rick Dumont voted against both resolutions. Ms. Tracy Lisi, Mr. Bill Wood, Ms. Bonnie Wolff, Mr. Herman Engel, and Mr. Jeff Billig voted for the resolutions. Mr. Charles Beatty was unable to attend the meeting due to a previous commitment.
On Thursday, June 13, 2019, the School District sent out an e-mail message with a video describing the final budget. It is interesting to note that neither the tax increase of 3.0% or the borrowing needed to finance the new facilities was mentioned in the video. For a house with a median assessed value ($169,600), taxes will increase by $146.46 with $92.33 of the increase used to pay for the debt incurred by the planned facilities project. Taxes on houses with a higher assessed value will increase even more and this increase will be carried forward as additional yearly school tax increases are implemented.
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