The Manatee County School District released a line item budget for the 2013-14 fiscal year Friday night in advance of a public hearing Thursday.
The $565 million budget, which is tentative, includes $10.3 million to build a state-mandated reserve of 3% for next year.
Rising home values will bring the district $5.5 million more in revenue from property taxes compared to last year, although the School Board previously approved a 0.22% reduction in the tax rate.
The millage rate will go down — from 7.59 mills to 7.57 mills, although homeowners will pay more in school property taxes due to a roughly 4% increase in property values.
The School Board will not vote to adopt the budget until Sept. 9.
Thursday’s public hearing will be held 1 p.m. Thursday at 215 Manatee Avenue West.
Contact Josh Siegel at email@example.com.
Currently 0 Responses
28 Wine, Dine and Make a Difference
6:00 pm - 10:00 pm
1 Manatee Audubon -- OPEN HOUSE at Felts Audubon Preserve
8:00 am - 11:00 am
1 Fine Arts & Crafts Extravaganza
9:00 am - 3:00 pm
6 Empty Bowls Luncheon at Main Street Lakewood Ranch
11:00 am - 1:00 pm
Only 9 days left to vote for your favorite 'It's Read Everywhere' photo!
Voting is now live for the Observer's 'It’s Read Everywhere' photo contest.
On the calendar
It’s time for feasting on candy and family fun.
Merchants on Lakewood Ranch Main Street continue to mourn the surprising loss of fellow business owner Rebekah Hatmaker, co-owner of Serendipity Boutique.