BCSD Sets Property Tax at $13.96

BCSD Sets Property Tax at $13.96

Apr 06, 2018

At the April 2 meeting of the Bettendorf Board of Education, directors approved the 2018-2019 levy rate of $13.96 per $1,000 taxable valuation, a $0.10 increase per $1,000 taxable valuation compared to the 2017-2018 rate of $13.86.

“Supplemental State Aid (SSA) has recently been approved for 1.0%,” said Dallon Christensen, Director of Business and Financial Services, Bettendorf Community School District. “This is a decreased rate of growth compared to the rate of 1.1% for the 2017-2018 fiscal year. The district has also experienced a slight drop in certified enrollment in the past year. These factors have impacted the approved tax rate for the 2018-2019 fiscal year.”

The total fiscal year 2018 budget shows maximum expenditures up to $99.1 million.Of that, the regular education budget is $78.3 million, which is comprised of 28% new facilities and 60% salary/benefits.

Category: District News