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Appoquinimink board outlines town hall as pending state bill on tax rates advances
Summary
The Appoquinimink School District board scheduled a community information night and warned a pending General Assembly bill that could let districts reset tax rates for residential and commercial properties may require short-term borrowing to cover cash-flow timing changes.
The Appoquinimink School District Board of Education on Aug. 12 urged residents to attend a community information night Thursday as legislators consider a bill that could let districts set different tax rates for residential and commercial properties.
Board members said the pending legislation could change when and how tax revenues arrive and that the district may need to seek short-term state borrowing if it resets rates under the bill. The board scheduled a public information session for Aug. 14 at 6 p.m. at Appoquinimink High School and said it could call a special…
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