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Franklin School Board To Vote On Proposed Budget With Tax Hike

May 20, 2013

The Franklin Area School Board will take their first vote Monday night on a proposed 2013-2014 budget that will include a real estate tax increase.

As of last Monday night’s work session, the spending plan totaled a little more than $30.2 million dollars, and included a deficit of over $155,000.  That version of the budget included a tax increase of a little over .41 of a mill, or about 2.4 percent, which would represent about 41 dollars more per year in taxes for each $100,000 in assessed property value.

A final vote on the budget will take place in June.  The budget deadline, set by the state, is June 30.

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