D-36 outlines 2013-14 tax levy
WONDER LAKE – The District 36 board preliminarily approved a $4.411 million tax levy for the 2013-14 school year, which moves to $4.534 million when estimated bonds and interest are added.
The total tax levy for the 2011-12 school year was $4.549 million. It was $4.685 million in 2010-11.
The final property tax rate won’t be set until the spring, when property values are finalized.
The school board considered two other options at its November meeting. Each would have tinkered with the amount of money levied for the district’s transportation fund.
The higher option would have set the transportation fund at slightly more than $1 million, increasing the levy by more than 8 percent and causing the board to hold a Truth in Taxation Hearing in which the public would be allowed to comment.
As it stands, the district will dedicate about $877,000 of its 2013 tax levy to transportation.
The levy is up for final approval at the school board’s Dec. 11 meeting.
Harrison School District 36 encompasses Harrison Elementary School, a kindergarten-through-eighth-grade school in Wonder Lake.