Ludlow board seeks tax levy increase of 14 percent

Ludlow board seeks tax levy increase of 14 percent

LUDLOW — The grade school's board is seeking a proposed tax levy increase of 14.21 percent.

A truth-in-taxation hearing is scheduled at 6:45 p.m. Dec. 20, prior to the board's monthly meeting.

The proposed levy amount will bring in an estimated $563,138. The district brought in $493,000 in 2011.

Superintendent Dru Lobmaster said the tax levy hike is so high due to the Consumer Price Index increasing 3 percent, up from last year's figure of 1.5 percent.

"This impacts the computation process for the levy," Lobmaster said. "We will ask for more than we actually expect in order not to leave tax money on the table."

The levy was outlined at the board's monthly meeting last week.

Lobmaster said the district continues to receive less state aid — 89 percent of what it had been receiving last year and 80 percent this year.