School board approves tax-increase resolution
by Associated Press
Published: August 10,2012
Tags: board, education, educator, elementary school, high school, junior high school, learn, learning, property tax, public education, school, tax, tax collection, tax rate, taxpayer, teacher, teaching
NATCHEZ — The Natchez-Adams School District Board of Trustees has approved a resolution for an increase in ad valorem tax funding of $565,000, which will be given to the Adams County Board of Supervisors to be converted into a millage.
The Natchez Democrat reports the funding was included in the district’s $39.8 budget for the next fiscal year that was adopted in July, but the resolution had to be approved and sent to the Board of Supervisors before Aug. 15.
The increase in funding will be generated by taxes on homes, automobile tags, business equipment and rental property.
In the previous fiscal year’s budget, $11.1 million was paid for with local ad valorem taxes.
For this fiscal year, the district proposes $11.6 million would be paid for with local taxes.
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