FORT WAYNE, Ind. (WOWO): East Allen County Schools officials are expecting more students in the near future, which could mean a higher tax rate as a result.
The school district’s Chief Financial Officer, Kirby Stahly, is projecting a tax rate hike of 3.9 cents per $100 of assessed value in the 2019 budget. That comes up to about $26 more per year in taxes for a home worth $150,000.
The Journal Gazette reports the district is looking at a $102.9-million budget with a $25.2-million tax levy, with approval set for October 16th.
Anticipated enrollment growth could mean an extra $1-million for the district.