By LIBBY CLUETT | lcluett@mineralwellsindex.com
MILLSAP – The Millsap ISD school board approved Monday posting the district’s proposed tax rate for 2012-13, which is $1.665 per $100 of taxable property value.
The proposed tax rate includes $1.17 per $100 taxable value for maintenance and operations combined with the district’s 49.5 cents interest-and-sinking rate. These rates are the same as the 2010-11 and 2011-12 school year rates.
MISD Superintendent David Belding said they would post a draft budget online in early August, after certified property values come in this week.
MISD trustees approved Aug. 27 at 7 p.m. as their public meeting to discuss the budget and proposed tax rate.
Belding said the district is in good shape with tax collections and appears to be hitting the budget for the current year, which is coming to a close at the end of August.
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