ROYAL — Voters in the Prairieview-Ogden school district will be asked to approve a tax increase next March.
The PVO board this week approved placing an education fund referendum on the March 14, 2014, ballot.
The amount of the tax question will be decided by the board, ranging from 30 cents to 40 cents per $100 equalized assessed valuation.
A 30-cent tax increase would cost the owner of a home valued at $120,000 about $120 more in property taxes annually. A 40-cent tax hike would raise the property tax about $160 more per year.
Because of less state aid to schools, PVO has had to make cuts in personnel. The board cut 2.3 positions earlier this year.
"If we don't pass a referemdum in March of 2014, we will have to make more cuts again next year," PVO Superintendent Vic White said.
PVO currently is running a deficit of $280,000 in the education fund.
A fundraiser — Replenish the Education Fund — conducted by resident Lonna Pruitt raised $60,375.
White said the district is projecting a deficit of at least $175,000 in the education fund next year, depending on the general state aid amount paid by the state.
White said the education fund is projected to have about $800,000 in reserves at the end of the school year.