From the Fort Wayne Journal-Gazette:
Property owners supporting Fort Wayne Community Schools will see a small increase in their tax bills in 2014 based on a budget review presented to the school board Monday night.
The $275 million budget plan is 0.2 percent more than the 2013 budget, Chief Financial Officer Kathy Friend said.
The owner of a $100,000 home would pay a maximum of $9 more in 2014, Friend said. The actual amount could be as low as $2, she estimated.
The increase is the result of changes at the local and state level, as well as an increase for the district’s voter-approved $119 million building referendum that was approved in 2012.
“The funding changes made at the state level are making it challenging for school districts to accurately predict our financial futures,” Friend said.
Among those challenges is funding that the district receives for low-income students, which in the past has been based on the number of students receiving free- and reduced-price lunches.
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See the full article here:
http://journalgazette.net/article/20130924/LOCAL04/309249979/0/SEARCH
