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Burlington School District proposes budget that officials say would lower property tax rate by about 4%
Summary
School finance staff presented a recommended budget that the district says would reduce property tax rates an estimated 4% while continuing to fund high school debt service and building maintenance; the budget relies in part on state funding formula changes and $2.4 million in available surplus.
Nathan Lavery, director of finance for the Burlington School District, presented the district’s recommended school budget during the March 4 informational hearing.
"The budget that the school board has asked the community consider would decrease property tax rates by an estimated 4%," Lavery said.
Lavery said the proposed education spending level is roughly $103,000,000 and that the estimate already includes debt service tied to the recently rebuilt high…
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