Jan 11, 2018

St Marys Board of Education holds January Meeting-listens to a consultant's analysis and begins proceedings for placing levies on the May ballot


St Marys Board of Education holds January Meeting-listens to a consultant's analysis and begins proceedings for placing levies on the May ballot

By Kevin Sandler

The St Marys Board of Education held its January Meeting, Wednesday Night January 10th. The board of education heard from Mike Sobul, a consultant from Public Finance Resources. Sobul presented a district financial analysis and provided recommendations for financial stability. The St Marys Board of Education approved several resolutions that would allow the district to place 2 funding levies on the May Ballot. St Marys School Superintendent Howard Overman explains.

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The St Marys Board of Education is considering an income and a property tax. There are several possibilities being considered by the board. The property tax would be 10 mills for 5 years. The board is considering several different income taxes. The income tax would be fo 5 years. The board will decide if the tax will be traditional or an earned income tax. The rate varies from 1.25 percent to 1.75 Percent. In other business, Karl Dammeyer was elected as the President of the St Marys Board of Education. Brian Little will serve as Vice-President this year. This was the first meeting for new board members Chris Falk and Ron Wilker, who were sworn in prior to the meeting.


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