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Minden Public Schools Tax Request Remains Low PDF Print E-mail
Written by themindencourier   
Tuesday, 18 September 2018 13:45

District 50 approved a proposed budget of just over $10.1 million during the September 10 School Board meeting. The budget, which does not include $2.4 million in unused budget authority or $1.8 million in cash reserve, is slightly lower than the $10.4 million budget approved last year.
To offset property tax levels, Minden Public Schools will use money out of reserves to make their adjustment to the levy minimal. While funding of the local school district continues to be shouldered within the district, little tax increase might be seen due to the decrease in property valuations. District 50 will receive nearly no state aid again this year.
Valuation in the district, as determined by the County Assessor, decreased approximately 4.25% to roughly $1.3 billion. This is a sharp contrast to the past few years in which the district saw substantial increases, primarily due to increase in ag land valuation.

see September 19 Courier for full story

Last Updated on Tuesday, 25 September 2018 13:00