August 7-- The school property tax rate in Montgomery County will increase slightly this year.
The county school board approved the increase at a called meeting Monday night according to School Superintendent Randy Rodgers. The measure passed on a 3-2 vote with board member Lendle Hamilton voting against any increase in taxes and member Jackson Posey voting no because he said the increase was not enough to meet system needs.
"Whle we will not collect a penny more in taxes, our millage rate will go from 12.1 mils to 12.231 mils to generate the same amount. The reason is our tax digest is down about $2 million from last year and we need to adjust the rate to generate the same amount of income," he reports.
The superintendent says the tentative budget approved by the board includes the deletion of four positions from the school system. They are two para-professionals and two school bus drivers.
Rodgers says more significant school property tax increases are expected in the coming years and says a rate of 15 mils will be needed by July 1, 2015 in order to qualify for state equalization funding provided to low wealth school systems.