School board approves $266M budget with no new taxes

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Published: July 8,2010

Tags: economy, education, state budget

HERNANDO — DeSoto County schools will operate with a $266-million budget in 2010-11.

The Commercial Appeal reports school board members expect growth in the local tax base will be enough to offset the added 4 percent in school funding without the need to raise property taxes.

The new spending plans include operating expenses for three new schools opening in the fall: Lewisburg and DeSoto Central primary schools and Lake Cormorant High School.

DeSoto, the state’s largest public school district, has already announced layoffs and pay cuts for the coming fiscal year to deal with cuts in state funding because of budget shortfalls.

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