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Washington County school board keeps general fund tax rate at 58 cents
Summary
At an Aug. 22 meeting the Washington County Board of Education voted to keep the General Fund tax rate at 58 cents per $100 on both real and personal property, projecting $5.28 million in revenue and directing most of the increase toward facilities costs.
The Washington County Board of Education voted Aug. 22 to keep the district's General Fund tax rate at 58 cents per $100 of assessed value on both real and personal property.
Judy Spalding, the district's chief financial officer, read the proposed levy during the required public tax hearing. She told the board the 58-cent rate is the same as the prior year; the General Fund produced $4,781,900 in fiscal 2024 and the proposed rate is expected to produce $5,275,728.55 in fiscal 2025, including $829,244.73 attributable to new and personal property.
The proposal also compared the proposed rate to the compensating rate for 2025, which Spalding listed as 54.3 cents on both real and personal property. She said the additional $493,828.55 above 2024 revenue would be allocated largely to facilities ($480,248.26), with $13,580.29 identified for cost of collections.
Board member Carissa Harley moved the motion to approve the proposed rate (Option A); Ray Canterberry seconded. The board approved the motion by roll call, 3-1 (recorded as Bd. #24-063).
The meeting minutes note the General Assembly required publication of the advertisement and the information presented at the hearing. The minutes do not record further public comment or the rationale of the lone opposing vote.
What happens next: the approved levy as recorded in the minutes will be reflected in the district's FY2025 budget documents and in the formal notices required by state law.
