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Valley Grove School Budget Holds No Tax Hike

June 26, 2014

The $14.2 million budget for fiscal year 2014-2015, passed this week by the Valley Grove School Board, contains no real estate tax hike.

The board approved the spending plan on its final reading by a 5-to-2 vote.  More than $1.1 million dollars from the district’s fund balance would be needed to offset the budget.

The Valley Grove Board had earlier narrowly voted against approving a plan that would include a tax increase.

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