Spring Cove School District Considers Real Estate Tax Increase
May 12, 2022
At the May 9 committee of the whole working meeting of the Spring Cove School District Board of Directors, Business Manager Kathy Hazenstab recommended a two-percent increase in tax millage to the board for the 2022-23 school year.
The increase would set the district tax millage at 11.2506 mills and would bring the district $205,362 in additional tax revenue. The median amount property taxes would be raised is $31.23 annually for a property valued at $141,600.
The district is looking at a proposed total revenue of $26,359,986. The current budgeted total expenditures is $29,948,421. Total g...