WGXC-90.7 FM
Germantown considers school budget
May 07, 2015 12:03 am
Debby Mayer in The Columbia Paper reports the Germantown Board of Education's budget for next year is currently at $14,502,850 with a tax levy at 1.37 percent, but it is not final, and the board will discuss it further at the May 13 meeting. The Public Hearing on the budget is Wednesday, May 6 at 6:30 p.m. in the elementary school music room, and district voters consider the budget Tuesday, May 19. The board also passed at its April 22 meeting, two propositions before district voters on Thursday, June 11. Mayer writes: "Proposition No. 1 authorizes renovations and improvements to the central school building at a total estimated maximum cost of $5,966,136. The plan calls for $500,000 of the district’s Capital Reserve Fund to be used on the renovations, and the remaining $5,466,136, “or as much of that as is necessary,” would be raised by taxes on property in the district. Proposition No. 2 authorizes the district to construct an addition to the central school building that would contain an auditorium and a band room, with all the furnishings and equipment that go with them, for a total estimated maximum cost of $5,415,920. This would be raised by a tax levy." Read the full story in The Columbia Paper.