It’s been known that the Taylorville School District’s funding picture was bright for a few months, but the Taylorville School Board got to see the first estimates for incoming property tax money when the 2018 property tax levy was presented at Monday night’s meeting.
The district, which took in just under $10 million in 2016, is projecting to receive almost $11.8 million this coming year. The new money will come from the referendum passed in the spring.
Taylorville School District Superintendent Dr. Gregg Fuerstenau says multiple factors have come together to make the district’s funding picture the best they could have hoped for.
Fuerstenau thanks the residents of the district for approving the referendum, which alone will provide the district with about $2.8 million more in annual funding.
The board will find out how much the district will actually receive in 2018 property tax money in the spring. There will be a truth in taxation hearing prior to the next board meeting to be held on Monday, December 11 at 7 p.m. at the district administration building.