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Budget committee approves school budget that includes two-cent property tax request for coaches' supplements
Summary
At a May 20 Budget and Finance Committee hearing, members approved the school system's proposed budget as presented; the package includes a request that would raise recurring funding for coaches' supplements by $64,655, funded by an estimated two-cent increase in the property tax penny value.
The Budget and Finance Committee voted May 20 to approve the school system's proposed budget as presented; the package includes a request that would create $64,655 in recurring funding for coaches' pay supplements, an amount school officials said would require about a 1.87-cent increase in the property tax penny value, rounded to 2 cents for planning purposes.
School official Doctor Sheffield told the committee the additional recurring revenue is intended to raise coaches' supplements and described the amount and tax calculation: "The increase in coaches' supplements would equate to ... $64,655. At the current tax rate, that'd be 1.87¢, and I rounded it up to 2¢." Sheffield said the school board unanimously approved the proposed rates at its April meeting and presented the request to the committee for the county's budget…
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