The School Board Finance Committee reviewed a proposed final budget for the next school year that includes an increase of just under two percent.
That translates into about 71 dollars for the average homeowner. Several factors are driving the proposed property tax hike. District Director of Business Administration Steve Skrocki says an increase in the district contribution into the employee pension system is number one.
“Our expenses are going to be going up 3-million dollars just next year for our pension obligation that is mandated by the state and that’s a big increase in our budget.”
Other factors driving the proposed property tax hike are increases in salaries, benefits and debt service. The School Board will take action on the proposed final budget at its work session on Tuesday evening. A final vote on the budget is scheduled for June 15th.