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Jefferson City Schools keeps total tax levy at 4.7593; board to amend budget after $4 million revenue gain
Summary
The Jefferson City Schools board approved the district's operating levy of 3.8565 and debt service levy of 0.9028, holding the total tax rate at 4.7593. Staff said assessed-value growth and new construction will boost levy revenue by about $4,000,000, prompting a later budget amendment.
Jefferson City Schools on Sept. 1 voted to set the district's operating tax rate at 3.8565 and its debt service rate at 0.9028, preserving a total levy of 4.7593 for the coming year.
Sherry LePage, the district presenter, told the board the Prop C rollback used in the calculation has fallen to 0.3266, down from last year's 0.3577, reflecting a slowdown in sales-tax growth. "This seems reasonable as sales tax revenues have slowed," LePage said while walking board…
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