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District staff warns mill rate could rise to about $7.40 after zero state aid
Summary
District financial staff told the Whitnall School Board that a lack of state aid could push the projected mill rate to roughly $7.40 (about a 22-cent increase), and said receiving similar aid as last year would have lowered the rate to about 6.81 and reduced the levy by roughly $250,000.
District financial staff told the Whitnall School Board during a budget presentation that the district projects its mill rate could rise to about $7.40 for the coming year, an increase they attributed to receiving no state aid. "Strictly because we got 0 state aid," the staff member said, describing the impact on local taxpayers.
The presenter said the district had previously projected a mill rate of $7.18 and that, with the same state aid received last year (the speaker referenced…
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