Niagara Gazette — Lewiston-Porter officials say the district could increase its property tax levy by as much as 4.42 percent for the 2014-15 school budget.
The figure, derived from a state Comptroller’s Office formula based on exclusions districts are able to factor into the base 2 percent cap, would require school board members to keep the tax levy within the parameters or face asking for a 60 percent supermajority of voter approval come May 20 when residents decide the next year’s spending plan.
Residents were asked to do so this past May and defeated the budget, leading many to believe a repeat request is out of the question.
The property tax levy, or the total amount of money the district can collect from residents to assist in the funding of education programs, was set at $23.2 million in the district this year. The 4.42 percent increase, if approved by the voters, would allow Lew-Port to collect slightly more than $1 million additional for next school year.
School board members will hold its monthly meeting at 6:30 p.m. Tuesday in the district’s board room, 4061 Creek Road, Porter, to conduct regular business. The board will continue discussions of budget preparations at the same meeting time Tuesday, March 25, in the same location.Big red number $1M Additional funds Lew-Port would collect if tax levy raised 4.42 percent, according to district.