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Harborfields pitches tax hike under 5 percent
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|  | | By Arlene Gross | | |
March 17, 2008 | 12:04 PM
The $69.9 million budget that the Harborfields school board proposed last Wednesday calls for a 6.97 percent spending increase and a 4.97 percent tax rate increase over this year.
If the spending plan is approved by the board and taxpayers as presented, then the estimated tax rate per $100 of assessed valuation would be $196.09, up from the current $186.80.
That means taxpayers with homes assessed at the average $4,000 would pay an extra $371.60, or a total $7,843.60, next year. A taxpayer with a home assessed at $5,000 would pay $9,804.50.
The board expects to finalize the proposal on April 16, before placing it on the ballot May 20.
See this week's edition of the paper for more on this story.
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