Line Mtn. approves budget
MANDATA - Line Mountain school board voted unanimously to pass the 2014-15 budget, which was proposed at the April 29 meeting.
Under the approved budget, there is no increase in real estate taxes in the school district.
"There are a lot of investments we've made (so) that we can keep it at zero," said Troy Laudenslager, school board president, referring to long-term planning that has kept costs at a minimum.
With no increase, the real estate tax will remain levied and assessed at the rate of 70 mills on each dollar, which translates to $7 per $100 of assessed taxable property.
As previously reported, estimated expenses for the 2014-15 school year are $18,799,118.
The fiscal year for the new budget will begin July 1.