Created on Tuesday, 16 July 2013 Written by NATE SMITH
Indian Lake school board members voted Monday at a regular meeting to seek a November renewal of an expiring levy with an increase of 1.6 mills.
The additional 1.6 mills would raise an extra $732,000 per year, and would cost a property valued at $100,000 an extra $56 per year the board said. The current 5.7 mill levy raises $2,057,500 and costs a $100,000 property owner about $171.50 annually.
The school board has openly wondered about trying to renew this levy with an increase since its bid to pass a 10-year $2.75 million levy failed last November. Monday’s meeting was the first action to that effect.
The levy was first passed in 1999. It’s been renewed in 2004, with an increase of $325,000, and 2008, and in 2004.
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