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District staff preview budget, tax levy and public hearing schedule; mill rate to rise slightly
Summary
District administrators presented updated assessed-value comparisons and a draft budget-ad notice, saying the district's mill rate is estimated to rise from $4.50 to about $4.66 and that budget-hearing notices will run beginning July 17; staff said they are absorbing health-insurance and pension cost increases.
Hancock County school administrators presented tax-assessment comparisons, a draft public notice for budget hearings and a preliminary estimate of the district's mill rate for the coming year.
Staff said data received from the state and the NDE (state tax-assessor reporting) indicated the district would see a small increase in assessed value; preliminary estimates show the district's mill rate moving…
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