Friday, May 21, 2010

Your Property Taxes and Schools

June 8th will mark the date that the Meridian School district will ask homeowners to increase their taxes to help alleviate the over crowding in the district.

Meridian has not increased taxes in the past 15 years and at a time when house market prices have dropped; the levy would increase a home worth $100,000 from an average of $52 per year to $82.

The increase will be needed to pay teacher salaries and avoid any further layoffs. School districts use property taxes for new buildings and maintenance, buses and transportation.

Ref:KIVI

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