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Richland R-I board sets combined tax rate at $4.3333

Richland R-1 Board of Education · August 21, 2024
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Summary

During a special tax rate hearing Aug. 21, the Richland R-I Board of Education voted 7-0 to set the combined tax rate at $4.3333, allocating $4.0333 for operations and $0.3000 for debt service.

The Richland R-I Board of Education voted unanimously to set a combined tax rate of $4.3333 for the 2024 tax year at its Aug. 21 special tax rate hearing.

The approved rate breaks down to $4.0333 for operating expenses and $0.3000 for debt service. Board member Hollie Wheeler moved to set the rate; Jason Blunt seconded. The motion carried 7 “yeas,” 0 “nays.”

The minutes record the tax rate decision as a formal action taken during the hearing. After the vote the board took a motion to adjourn, which also passed unanimously. The minutes do not record any public comment on the rate or further procedural actions in the hearing record.