Property owners will pay about the same taxes to support the 2013 Batesville Community School Corp. budget, superintendent Dr. Jim Roberts told trustees Sept. 17.
The proposed total is $20.1 million, up $573,000 or 2.9 percent from this year’s $19.5 million.
The advertised tax rate, an estimated maximum, is usually “quite a bit more than actual rate.”
For instance, the rate of 90 cents per $100 assessed valuation advertised in 2012 actually became 73 cents. He predicted the 2013 rate of 93 cents would end up between 68-73 cents, just like the last few years.
Noting BCSC is ranked a Best Buy by the Indiana Chamber of Commerce, he compared the 2012 local school tax rate with other surrounding districts: Decatur County, .5; Jac-Cen-Del, .7; BCSC, .73; Franklin County, .80; Greensburg, .85; South Ripley, 1.03; Milan, 1.05; and Sunman-Dearborn, 1.23.
According to the administrator, BCSC’s net assessed valuation history “has been positive,” going from $660 million in 2010 to $665 million in 2011 to $662 million in 2012. “Our belief is we’ll stay around that amount.” A high valuation “is a benefit to our taxpayers,” who end up paying less per household.
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Trustees passed the budget, prepared by Roberts, buildings and grounds director Tim Hunter and treasurer Todd Nobbe, on its first reading. It is scheduled to be formally adopted Oct. 15.
