From the Batesville Herald-Tribune:
The Batesville Community School Corp. budget is projected to rise by 3.37 percent or $678,351 in 2014 to $20.77 million, Tim Hunter, director of buildings and grounds, told trustees Sept. 16 at a public budget hearing.
He reported, “Our net assessed valuation history has been around the $650 million mark.” When it dropped to $643 million in 2013, “hopefully this is as low as it will go.”
The director predicted the valuation would trend higher in 2014.Although advertised property tax rates have been between 90 cents and $1 per $100 of assessed valuation from 2010-14, Hunter pointed out the actual rates have been lower: 73 cents in 2010 and 2012 and 70 cents in 2011 and 2013.
BCSC compared favorably to surrounding school districts in a 2013 tax rate chart that was part of the PowerPoint presentation.
From least to greatest rates: Decatur County, $.5745; Batesville: $.6935; Jac-Cen-Del, $.7315; South Ripley, $.9631; Franklin County, $1.0015; Milan, $1.0585; and Sunman-Dearborn, $1.3325.
Hunter expects the BCSC rate to be around the 70-cent range again in 2014.
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See the full article here:
http://batesvilleheraldtribune.com/local/x1909737771/Taxes-for-schools-should-remain-steady
