Those who attended Tuesday’s second and final community forum related to the proposed 1 percent increase in the USD 385 Local Option Budget heard that their property taxes won’t go up after all.
Business Manager Jim Freeman reported July 25 that even if the proposed LOB increase passes, there would not be an overall increase in property taxes.
“There will actually be a 2.5 mill decrease in total school taxes -- even with the proposed LOB increase -- due to a decrease in the bond and interest levy,” Freeman said last week. “The decrease is also a result of additional state aid and an increase in tax collections.”
Freeman reiterated this point at the July 31 forum, which was held at Meadowlark Elementary School and attended by about a dozen people. During his 15-minute presentation, he explained the steps taken by the district to increase the Local Option Budget.
According to recent budget information received from the state, if the issue passes the mill levy would increase by 0.033 mill, and property tax would increase by 38 cents per year on a $100,000 home. However, when all factors are considered, the total mill levy for the district would decrease by 2.506 mills.
A Notice of Budget Hearing will be published in the Aug. 2 issue of the Augusta Gazette as required by law. If the issue is voted down Aug. 7, the board will be able to consider a budget with the current 30 percent Local Option Budget.
Regardless of the outcome of the Aug. 7 vote, the board will be asked to adopt a budget at its Aug. 13 meeting. The budget hearing will be held at 6:30 p.m. Aug. 13, prior to the regular board meeting.
Anyone with questions about the proposed LOB increase should call either Freeman or Superintendent Mark Evans at 218-4660