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Property owners in the Flat Rock-Hawcreek School Corp. can expect to pay the school district about the same in property taxes next year as they did in 2013, according to Jeff Cleland, the district’s business manager.
The public will get its first look at the proposed $5.88 million general fund budget during a state-required budget hearing at 7 p.m. today at the district’s administrative office.
The total general fund amount in 2013 is $5.85 million.
If you go
What: Flat Rock-Hawcreek School Board meeting
When: 7 p.m. today
Where: District administration building, 9423 N. State Road 9.
Highlight: Public budget hearing for proposed 2014 budget
A board vote is expected Oct. 22.
Cleland said he expects the tax rate to settle in at $1.45 per $100 of assessed valuation, which is the same as it was in 2012 and 2013.
A person who owns a $100,000 home under that anticipated tax rate would pay $1,450, before any standard deductions and exemptions that would lower the final amount, Cleland said.
He said there is little to differentiate the proposed budget from the one in the current year.
However, he said the school district will begin paying back $218,000 a year on a $1 million loan, which paid for technology, paving and improvements to the school track and tennis courts.
The exact tax rate cannot be determined until the Indiana Department of Local Government Finance certifies the total assessed valuation in northern Bartholomew County.
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