(KLZA)-- The Auburn Board of Education approved a $13.8-million budget when they met Monday. The levy will be approximately three cents lower than last year at $1.0869 per $100 of assessed valuation. The levy is expected to generate $5.6-million in tax revenue.
A 10.6 percent valuation increase was responsible for helping lower the levy.
The Auburn Board of Education also voted to increase the deductible for workman’s compensation insurance from $10,000 to $15,000. That will result in a savings in excess of $5,000 in premiums.
Action was also approved to purchase closed captioning devices for the school district-owned State Theater at a cost of approximately $3,300.
A number of policies were also reviewed during the meeting.
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