Monday, April 28, 2014

Herald-Tribune Reports Property Taxes Rising in Batesville Due to Additional Appropriation and Bond Resolution by School

From the Batesville Herald-Tribune:

Two decisions made by Batesville Community School Corp. trustees April 21 will impact taxpayers’ and school families’ wallets.

They decided to move ahead with at most $2 million in mechanical renovations at Batesville Primary School, built in 1990. The board adopted additional appropriation and bond resolutions.

The maximum rate for taxpayers is $.0382. The annual property tax impact: $100,000 home, $12.51; $150,000 home, $24.93; $178,900 home (BCSC’s median home value), $32.10; $200,000 home, $37.34; $250,000 home, $49.76; $100,000 rental or commercial property, $38.20; 1 acre of farmland, $0.78. The last two figures can be multiplied.

A wage hearing was scheduled for April 23. BCSC transportation and safety director Ed Krause, the Franklin County representative, and BCSC buildings and grounds director Tim Hunter were to attend. The bond sale is scheduled for May 1, according to superintendent Dr. Jim Roberts.

The federal government is requiring the school district to increase its 2014-15 lunch prices. The current $1.54 weighted average price must rise to $1.60, according to Roberts. He agreed lunch price hikes may be needed. “We are seeing expenditures go out faster than revenues. Maybe, healthier foods are a tad more expensive” due to more labor or higher costs.

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