Edgerton to consider 18.7% tax increase
Business Manager Mark Worthing will propose a levy of $9.37 million, the most the district can tax under state law. Thatís about $1.58 million more than last yearís levy and very close to the preliminary levy presented at the districtís annual meeting in August.
The district lost $1.1 million in state aid this year following state education cuts and several years of dropping enrollment.
It cut 15 staff members and reduced its maintenance and computer replacement schedules.
In August, Superintendent Norm Fjelstad said the district canít cut more without steps that would hurt education, such as greatly increasing class sizes.
Worthing said the district canít use much fund balance to boost revenues because the fund balance already is low.
The proposed operating budget is $20.69 million, a 4.4 percent increase over last year. Thatís higher than the budget proposed in August because the district is getting more stimulus money than it anticipated.
The proposed tax rate is $9.15 per $1,000 of value, up 18.7 percent from $7.71 last year. That means the owner of a $100,000 home will pay $144 more in school taxes this year if the budget is approved.
The school board meeting starts at 7 p.m. Monday at the district office next to the high school, 200 Elm High Drive,
Last updated: 11:39 am Thursday, December 13, 2012