West Sioux Community School District taxpayers will pay a reduced amount in property taxes to the school district this fall.
“We were able to reduce the property tax rate to the school by 35 cents (per $1,000 of taxable property). We bought in $170,000 in excess cash and also were able to funnel in $160,000 from PPEL (Physical Plan and Equipment Levy) when we promoted that to the taxpayers. Also one of our debts is being retired that was $1.30,” said West Sioux Shared Superintendent Randy Collins.
Factors behind the reduction in property tax include the state’s property tax relief measures and a good increase in property values, said Collins.
“The state has approved the extension of the operations sharing agreement for schools and that will mean $250,000 for West Sioux,” said Collins. “Overall the fund balances look very good.”
Hiring of three teachers at the Elementary School, from a Department of Education $100,000 grant, will be on the July 15 West Sioux School Board of Education agenda. The meeting is at 6:00 p.m. at West Sioux Administrative Office’s Board Room and is open to the public.