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Friday, 03 September 2010 14:33 |
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The annual levy hearing, as required of all Missouri school districts, was held during the board of education’s monthly meeting held Thursday, August 26.
The board approved a proposal by Dr. Hayter, superintendent, to roll back the levy nine cents (five cents in operating and four cents in the debt service) making it $3.86. This voluntary rollback will save district patrons $600,000 in taxes for 2010.
“We want to roll the levy back for two reasons,” said Dr. Hayter. “The district is in a solid financial position; and we know our patrons are facing tough economic conditions. If we can make ends meet with 9 cents less, then we should – as a district – operate in this manner.”
“This is not to say that an increase may not be needed in the future,” added Hayter. “But for now, the roll back is the right thing to do.”
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