Monday, March 5, 2012

Supplemental Levy Meeting - Thursday, March 8th at 6:00 p.m.

On Thursday, March 8th the Genesee District will host a public community meeting to inform patrons regarding the Supplemental levy election that will be held on March 13, 2012.

The proposed one year levy of $935,000 will help the Genesee School District maintain quality educational programs and opportunities for our students. Taking into account the property tax reduction provided by the agricultural equipment replacement exemption, which is approximately $57,693, the estimated cost of this levy will be closer to $877,307.

The cost of this levy is estimated at $5.87 per one thousand dollars of assessed valuation based on the projected property market value of $141,098,149. This levy is an increase of $1.21 per thousand dollars of assessed valuation.

The determination of the levy amount was based on the discrepancy between the state and federal revenue available to the district and the educational needs of our students as determined by the Board of Trustees.

If you are unable to attend the meeting and would like additional information, please contact Mrs. Wendy Moore at 208-285-1161.

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