School Board finalizes 2013-14 budget

Published: Thursday, September 12, 2013 at 12:02 PM.

With buildings in the district aging – the newest public schools are more than 40 years old – and little prospect on the state or local level for major capital funding for a new school or consolidated system, board members felt they had no choice but to increase LCI to address needs.

“We are still one of the lowest in the state on LCI,” said district financial officer Sissy Worley.

The addition of .045 mills to the existing .400 mills increases LCI 11.25 percent and an additional $59,669 in bricks and mortar funding.

Those funds will be used for repairs and improvements to roofs, doors, covered play areas, flooring, lighting and fire alarms.

The school millage also includes for the next four years a voter-approved additional mill in operating revenue.

The school millage rate will increase from 6.986 to 7.063, bringing the ad valorem budget to $9.511 million, an increase of $87,434 dollars.

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