Friday, June 25, 2010

McGuffey passes budget with tax increase

McGuffey School Board cut student field trips and student rewards and reduced its distribution of its district newsletter before adopting the 2010-11 operating budget with a tax increase Thursday night.
The $28,533,258 budget has a 1.5 mill tax increase, bringing the total millage rate to 114. That means a homeowner with property that has an assessed value of $25,000 will see a tax increase of roughly $38.
Business Manager Scott Burchill said the board made adjustments to reduce the budget before Thursday night’s meeting. He said the reductions made at the meeting will save the district an additional $67,000.

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