Catlin to vote on levy next week
CATLIN — School officials are reworking their proposed property tax levy and plan to vote on it at a special meeting on Monday.
In November, Catlin school board members gave tentative approval to a $2.23 million tax levy for the upcoming year, which would have provided an additional $106,000 in revenue to the district. At that time, Catlin Superintendent Gary Lewis said he based his figures on the projection that the equalized assessed valuation in the Catlin school district would increase by about 5 percent — a projection Lewis said was a very preliminary one.
This week, Lewis said he recently received notice from the county's supervisor of assessments that the equalized assessed valuation in the Catlin school district would instead decrease by about 1 percent — from its current level of about $42.28 million to about $41.87 million.
Lewis said he was working on a property tax levy that would only generate an additional $35,000 for the district.
The current $4.78 million budget for the district includes a projected $400,000 deficit, but Lewis has said that the school board typically adopts budgets that overestimate potential expenditures and underestimate potential revenues.
The school board will vote on the levy at a special meeting at 5:30 p.m. on Dec. 16.