School taxes on the rise
The Coatesville Area School Board tentatively approved the 2010-11 budget with a 3.6 percent tax hike in a split vote on Tuesday night.
The general fund budget was approved at $146.4 million which is a about a $7 million, or 5 percent, increase over last year’s school budget.
The 3.6 percent tax hike would raise the tax rate to 28.49 mills, with one mill equal to $1 in tax for every $1,000 in assessed property value. An average taxpayer with a home in the district assessed for tax purposes at $117,347 would therefore generate a school tax bill of $3,343 — an increase of $116 over the prior year.
What is your reaction to the school tax increase?
The general fund budget was approved at $146.4 million which is a about a $7 million, or 5 percent, increase over last year’s school budget.
The 3.6 percent tax hike would raise the tax rate to 28.49 mills, with one mill equal to $1 in tax for every $1,000 in assessed property value. An average taxpayer with a home in the district assessed for tax purposes at $117,347 would therefore generate a school tax bill of $3,343 — an increase of $116 over the prior year.
What is your reaction to the school tax increase?