The rate is divided into two categories: the maintenance and operations portion of the tax rate of $1.17 per $100 property valuation and the debt service rate of $.50 per $100 property valuation.
The maintenance and operation portion pays for salaries and benefits, utilities and supplies.
This rate, approved by voters in 2013, is the highest amount currently allowed by the state. In order for the board to lower the tax rate, an election would have to be held and the reduced rate would have to be approved by voters.
The debt service rate is devoted to the principal and interest on the district’s outstanding bonds.
