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Adair Co. Bd. of Education adopts 4% tax rate increase
Report from Special Called School Board Meeting, Thursday, September 7, 2017 John Pilkington makes case for opposition to tax. Dr. Pam Stephens, superintendent, gives formal case for necessity of tax increase.
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By Ed Waggener
The Adair County School Board, after a lengthy hearing tonight, Thursday, September 7, 2017, adopted a 4% tax rate increase.
The vote, on motion by Chair Lisa Burton (Div 3), with a second by Vice Chair Terry Harvey (1), was 3-2. Member Mike Harris (5), joined Burton and Harvey, to approve the tax rate, with Daniel Adams (2), and Jonathan Gaskins (4), voting no.
The change is designed to give an additional $134,055. in additional revenue. Had the board adopted a compensating rate, the expected revenue would have been $3,472.590; with the 4% increase, revenues from property tax will be approximately $3,606,595.
Dr. Pam Stephens, Superintendent, said that that the tax rate would mean an increase of approximately $10 on a home assessed at $50,000, $20 on a home assessed at $100,000, as examples.
Dr. Stephens presented an illustration of budget expenditures for the benefit of Adair County students and their families including the following:
This story was posted on 2017-09-07 20:05:26
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