From the Shelbyville News:
Several Shelby County residents are receiving quite a shock when they open their property tax bills.
Residents in both the Northwestern Consolidated School District of Shelby County and Southwestern Consolidated School District of Shelby County are dealing with a bit of sticker shock.
According to Shelby County Auditor Amy Glackman, projected taxes for Northwestern Consolidated in 2013 were $2,632,730.84. For 2014, the projected taxes are just under $4 million at $3,927,320.40.
The school district increased its debt rate .1799 per hundred and the Capital Projects Fund increased .13 per hundred.
"Those are two big increases, so everyone in those townships are paying an increase of .30999 per hundred dollars of valuations," Glackman said.
For those with a $100,000 home, the cost is $309.90 a year in the Northwestern Consolidated School District.
Northwestern Consolidated superintendent Shane Robbins said the increase comes after, what he calls, a "one-year tax break."
"We did a $10 million project that was expected to raise taxes 20 to 25 cents. Our property tax is at 91 cents. Last year, it was at 59 cents. We carried too much money in Capital Project Funds and the state took that money from us. We are right where we should be," Robbins said.
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http://www.shelbynews.com/articles/2014/04/16/news/doc534d9203c7da8526063624.txt
