Washington Evening Journal
http://washington-ia.villagesoup.com/p/974174

Neighbors Growing Together | Oct 30, 2014

School tax levy continues to drop

By David Hotle | Mar 12, 2013

As the Washington School District continues to work with next year’s budget, the tax rate continues to decline. Schools Superintendent Mike Jorgensen said the rate dropped another 5 cents since the levy was published in The Washington Evening Journal.

After the numbers were updated this week, the tax levy became $14.60 per $1,000 of taxable valuation. The published budget showed a levy of $14.65.  Jorgensen said this is down $1.13 from last year’s levy and is $2.80 lower than when the levy peaked at $17.40 in 2010. He also said that when the state Legislature makes its decisions on such things as property tax reform, the levy might drop even lower.

“I think it has a shot of being down to $14 or below when the Legislature gets done,” Jorgensen said.

The Washington School Board will hold its annual public hearing on the budget at 7 p.m. Wednesday in the Washington Middle School art room. The board is then scheduled to vote on the budget. Jorgensen said after this the tax levy can still go down, but not up.

Jorgensen said that he expects the levy to drop again next year, but not as much as this year. He said after next year, it would probably stabilize.

While property values have increased slightly in the county, Jorgensen said that property tax payers would “absolutely” see a savings over last year from the school’s levy.

Comments (0)
If you wish to comment, please login.