BIG SPRING - The Big Spring School Board Tuesday passed the 2010-2011 budget and tax rate, that includes the bond debt for new schools school district voters passed in May of this year.
The tax rate before the school board was basically the same as the 2009-2010 fiscal year, but of course with the additional debt figured in from the $60 million bond voters passed with a 69 percent voter approval.
The tax rate approved by trustees unanimously is at $1.44 per $100 property value. 33 cents of that goes toward debt service in this new budget.
Before the trustees voted on the new tax rate, Big Spring Mayor Tommy Duncan addressed the board during the public comment portion of the meeting. Duncan stated that he was speaking as a resident and not as mayor. Duncan said that other taxing entities in Howard County have been working hard to save taxpayer dollars during their individual budget processes, and asked that the Big Spring School Board do the same.