Sunday, February 1, 2009

Mill rate projected to rise ~ $1.00 for 2009 tax bills

At the 1-26-09 meeting of the school board's Finance committee, committee members were presented with a snapshot of budget projections for the next several years.

During 2009 we can expect to see expenses rise as the district borrows at least the 2nd $32M installment for the new high school (and upper middle school) construction. In addition, we may be seeing borrowing for the pool, and definitely will be seeing the costs of start-up of the 4 yr old kindergarten program (SP 4 Kids)