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Bolivar R‑I board keeps total school tax rate at $4.12, approves ASBR
Summary
At an Aug. 21 public hearing the Bolivar R‑I Board approved its Annual Secretary's Board Report and voted to keep the district's total tax rate at $4.12 by rolling back operating levy and increasing the debt-service levy to protect revenue amid rising property values.
Bolivar R‑I officials on Aug. 21 approved the district's Annual Secretary's Board Report and voted to set the 2025 school tax levy so the total tax rate remains $4.12.
Chelsea Aberdame, director of finance and human resources, told the board the proposed operating levy is 3.2973, "a rollback from 3.3439 from last year," and the debt-service levy was set at 0.8227. Aberdame said assessed valuation rose "around 5%" while the consumer price index was 2.9%, triggering a required rollback.…
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