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Saint Joseph board sets total tax rate at 4.9163; district rolls back debt levy to avoid increase
Summary
The board approved the district’s total tax rate at 4.9163, keeping the overall levy unchanged from the prior year by voluntarily rolling back part of the debt service levy.
The Saint Joseph School District Board of Education unanimously approved a total tax rate of 4.9163 at Wednesday’s meeting, keeping the district’s overall property tax burden the same as the prior year.
Finance staff told the board the rate was calculated using the state auditor’s formula and the district’s assessed valuation, new construction and personal property figures. The recommended breakdown presented to the board included a normal operating levy of 3.7429,…
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