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Reeds Spring R‑IV board keeps tax rate unchanged, sets tuition at $14,111
Summary
At its opening meeting, the Reeds Spring R‑IV board approved keeping the operating levy at 3.5731 and the debt service levy at 7.7758, set tuition at $14,111, and heard updates on enrollment and the district budget.
Dr. Hershey told the Reeds Spring R‑IV board that the district’s tax rate will remain the same as last year, with the operating levy at 3.5731 and the debt service levy at 7.7758, and that the board approved those rates during the meeting. “Our tax rate will remain stable as it was last year with our operating levy at 3.5731 and our debt service levy at 7.7758,” Dr. Hershey said.
The superintendent reported a 3.54% increase in assessed valuation this year but said the assessor’s office did not complete a full reassessment as had been expected; he attributed most revenue growth to new construction. He also said the district relies on local revenue for roughly 70% of its budget and that rising education costs remain a pressure on district finances.
Enrollment was reported as "just shy of 1,800" students pre‑K through 12th grade. Dr. Hershey said the district expects modest fluctuations in enrollment as larger cohorts advance out of certain grades and that overall numbers should remain relatively stable.
The board also set the full‑year tuition rate at $14,111, unchanged from last year. Meeting remarks did not include a recorded roll‑call vote or names of movers and seconders for the tax or tuition actions.
What happens next: Dr. Hershey said the district will proceed with the approved levy and incorporate the revenue outlook into upcoming budget planning; no additional hearings or votes on the levy were announced at the meeting.
