Argyle - For its $4.8 million budget, the Argyle School District is levying $1.46 million in property taxes for the 2012-2013 school year.
The levy creates a tax rate of $11.19 per $1,000 of property value for property owners in the school district. The tax rate was $11.14 last year.
The owner of a $100,000 home will pay $1,119 for school taxes, $5 more than last year, and the owner of a $150,000 home will pay about $1,679, about $8 more.
The school board approved the budget and levy amounts last month.
The new budget is $310,000, or 6.9 percent, higher than the 2011-12 budget of $4.49 million. It is just $5,000 higher than the 2012-11 audited budget.
After fund balances are applied, the difference in the net amount for expenses is about $272,000 more, or 6.33 percent higher this year than last year.
The new budget allows for increases in funds to the elementary music program, up $23,000; the agriculture program, up $34,000; and special education programs, up $45,000.
The levy is about $32,000, or 2.24 percent, higher than last year, when the district levied $1.43 million.
This year, taxes will go to pay for $980,000 in general operations and $482, 000 in referendum debt. Last year, general operating funds were $956,000 and referendum debt was $473,000.
The district is receiving about $11,000 less in all state sources of financial aids, $2.378 million compared to $2.386 last year.
-Tere Dunlap
The levy creates a tax rate of $11.19 per $1,000 of property value for property owners in the school district. The tax rate was $11.14 last year.
The owner of a $100,000 home will pay $1,119 for school taxes, $5 more than last year, and the owner of a $150,000 home will pay about $1,679, about $8 more.
The school board approved the budget and levy amounts last month.
The new budget is $310,000, or 6.9 percent, higher than the 2011-12 budget of $4.49 million. It is just $5,000 higher than the 2012-11 audited budget.
After fund balances are applied, the difference in the net amount for expenses is about $272,000 more, or 6.33 percent higher this year than last year.
The new budget allows for increases in funds to the elementary music program, up $23,000; the agriculture program, up $34,000; and special education programs, up $45,000.
The levy is about $32,000, or 2.24 percent, higher than last year, when the district levied $1.43 million.
This year, taxes will go to pay for $980,000 in general operations and $482, 000 in referendum debt. Last year, general operating funds were $956,000 and referendum debt was $473,000.
The district is receiving about $11,000 less in all state sources of financial aids, $2.378 million compared to $2.386 last year.
-Tere Dunlap