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(KLZA)-- Humboldt – Table Rock -Steinauer School Board members approved an $8.45-million budget when they met September 14 with a property tax levy increase of a nickel.
The total property tax levy will be 78.088 – cents per $100 of assessed valuation, up a nickel form last years 73 – cent levy, but is well below the state limit.
The valuation of the properties within the HTRS District dropped 3.6 percent in the past year from $809-million to $780-million.
The total budget of expenditures in the next fiscal year is $11,658,546 with a necessary cash reserve of $622,338.
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