Staff presents small decrease in debt service rate; levy $6.94 million
Frankton-Lapel staff said the district's debt service adopted tax rate would be $1.0759 with an adopted tax levy of $6,939,513, a small decrease from the prior year. The figure was presented during the public hearing on the proposed 2027 budget.
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Frankton-Lapel Community Schools staff presented the district's debt service fund figures at the public hearing on the proposed 2027 budget. A staff member told the board that "the adopted tax rate ... $1.0759" and said the adopted tax levy would be $6,939,513, describing the change as a small decrease from last year.
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