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
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