Sunday, August 30, 2009

Tax Levy for 2010

The Bancroft-Rosalie School valuation for the 2010 tax year has been set at $172,537,935. This means a tax levy of $1.00 will generate $1,725,379 tax dollars.
The proposed 2009-10 school budget has been completed and the General Fund tax asking will be $1,681,650. The General Fund tax levy will be 0.974655. The Bond Fund tax asking will be $50,500, and the 9-12 Bond Fund tax levy will be 0.031762. The total levy will be 1.006417.
The budget will be discussed and approved at the September school board meeting.