Residents approve $1.9 million budget for Hill School District
The budget is down, but taxes are up.
That’s the story for Hill and Franklin residents in the Hill School District, where about 25 voters last night approved a $1.9 million operating budget at the district’s annual meeting. The budget is $11,707 less than the current year’s budget, but a reduction in state adequacy aid has prompted a need for a higher tax rate to pay for the plan.
The tax rate is slated to increase 21 cents per $1,000 of assessed property value. Next year’s school tax rate, including local and state taxes, will be $12.64 per $1,000.
Last year, the district received about $503,000 in state aid, a number that dipped to $459,000 this year. The district expects to lose an additional $20,000 next year, said Mike O’Neill, business administrator for SAU 18.
“Those are the major drivers for why the tax rate is going up even though the appropriation is down,” O’Neill said.
(Iain Wilson can be reached at 369-3313 or firstname.lastname@example.org.)