Choose your news

Tuesday, August 8, 2017

Ballard Schools: Notice of Public Hearing


A public hearing will be held at 7:00 p.m. August 21, 2017, at the Ballard R-II School District, at which time citizens may be heard on the property tax rates proposed to be set to produce revenue that the budget for the fiscal year beginning July 1, 2017 shows to be required from property tax.  Each tax rate is determined by dividing the amount of revenue needed by the current assessed valuation.  The result is multiplied by 100 so the tax rate will be expressed in cents per $100 valuation.
A copy of this notice may be obtained in the Superintendent’s office at Ballard R-II School or by utilizing this link: Proposed Tax Rate
Assessed Valuation (by categories)
                            Prior Tax Year               Estimated Current Tax Year
                                                  2016
(Bates County)
Real Estate                             $7,249,180                             $7,327,720
Personal                                 $3,209,241                             $3,137,046
Total                                       $10,458,421                           $10,464,766

FUND                                 Prior Year             Proposed 2017         Amount of Property
                                            Tax Rate                   Tax Rate              Tax Revenue 2017

Incidental (General)               4.1124                      4.2036                     $439,897.
Teachers (Special)                   .0000                       .0000                                  0.
Capitol Projects                       .0000                        .0000                                  0.
Debt Service                            .7500                       .7500                       $78,486.
Total                                    $4.8624                         $4.9536                $518,383

New Revenue from Construction and Improvements: $3,775
New Revenue:                                                             $9,805
New Revenue from Reassessment:                              $6,030

Done by order of the Ballard R-II Board of Education
Ballard R-II School District
Jacque Porter, President                      Kerri Loyd, Secretary