School Board expects revenue increase
by Franklin Clark, Reporter -- fclark@cadizrecord.com
Sep 23, 2009 | 0 0 comments | 6 6 recommendations | email to a friend | print
ounty Board of Education unanimously decided that property tax rates should stay the same as they were for the previous two years, Trigg County School Superintendent Tim McGinnis said the school system could see $23,000 more in estimated revenue than they did last year.

The board kept the property tax rate at 45.9 cents per $100 of assessed value on real and personal property and motor vehicles when it met last Thursday at the Trigg County School central office.

At 45.9 cents per assessed property, the 2010 general fund tax levy will produce an estimated $3.6 million dollars, according to Trigg County School Board Chairman Mike Davis.

McGinnis also told the board that the school system will receive less Support Education Excellence in Kentucky funding in 2010 than they did last year.

McGinnis said that although he could have easily justified the additional 4 percent tax levy rate increase allowed by House Bill 44, which would have generated an estimated $141,000 more in revenue than last year, the board made the right decision, given current economic conditions.

The superintendent also said that although Trigg County’s equivalent tax rate in local effort, at 53.9 cents, is in the bottom 25 percent in the state and is about 10 cents lower than the state average, the district is in the top 25 in student achievement and ranked 30th in the state in the Kentucky Core Content Test accountability performance in 2008.

McGinnis went on to say that with those statistics, he feels Trigg taxpayers “are getting a good return on their investment.”

A public hearing regarding the tax levy was held before the meeting, although no one but the media was present.

The board also unanimously approved a Memorandum of Agreement between the district and Audubon Area Head Start. McGinnis said that the agreement, which is approved every year, had only minor changes from last year.

A Service Learning grant for $2,200, with no matching funds from the school district was unanimously approved, and Lana Mullins was also unanimously approved as the Admissions and Release Committee (ARC) chairperson.

An MOA between Marshall County and Trigg County Schools for Teacher of the Deaf services was tabled, as McGinnis said there was language in the MOA that needed to be looked at.

In other business, the board also cancelled its Thursday, Oct. 8, board meeting, which would have been during the Ham Festival, and will hold a special called meeting, a joint workshop of the school board and the school’s site-based councils on Tuesday, Oct 20, with a regularly scheduled board meeting on Thursday, Oct. 22.

The next school board meeting will be held at 7 p.m. on Thursday, at the school central office.
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