McDonald school board to put 4.9-mill, 5-year levy on ballot

McDonald school board to put 4.9-mill, 5-year levy on ballot

SPECIAL TO THE VINDICATOR

McDONALD — The village school board will place a 4.9-mill, $260,000 emergency levy for five years on the Nov. 3 ballot.

The board approved the measure at a special meeting Tuesday.

The district operated on a $7,609,100 budget last fiscal year. If the levy is approved, the district would start collecting on it in 2010.

The school district operates in 2009 on the same funding level it did in 1988, schools treasurer Thomas Radabaugh said. Voters approved a five-year emergency operating levy to generate $200,000 a year in 1988.

The 7.4-mill measure was renewed in 2007 for the same amount.

A 1998 operating levy for 2.95 mills was passed for three years and generated $100,000 a year. The board did not seek a second approval of that measure.

The cost of the measure to home- owners has been calculated as follows: a $100,000 home, an additional $12.85 a month; $11.32 for a home valued at $90,000 and $10.06 for an $80,000 home.

The district is 80 percent state- funded. Enrollment projections for the coming school year also are showing a projected drop of 42 students by fall, which also affects per-pupil income from the state.