Apr 25, 2012 12:41 PM
The East Quogue School Board unanimously adopted a $22.4 million spending plan for 2012-13 last week, a budget that does not exceed the state’s new 2 percent cap on tax levy increases.
Overall spending will increase by just over $300,000 next year, or 1.5 percent, over the current year’s $22 million budget. The tax rate is projected to go up by 2.2 percent, from $9.97 per $1,000 of assessed value to $10.19, said Business Manager Elizabeth Lev. Therefore, a taxpayer whose home is assessed at $500,000 will pay about $5,100 in school property taxes next year, or $110 more than this year.
The tax levy will also increase by 2.2 percent, to $19.7 million. School Superintendent Les Black said the district would have been able to raise the levy by as much... more
Overall spending will increase by just over $300,000 next year, or 1.5 percent, over the current year’s $22 million budget. The tax rate is projected to go up by 2.2 percent, from $9.97 per $1,000 of assessed value to $10.19, said Business Manager Elizabeth Lev. Therefore, a taxpayer whose home is assessed at $500,000 will pay about $5,100 in school property taxes next year, or $110 more than this year.
The tax levy will also increase by 2.2 percent, to $19.7 million. School Superintendent Les Black said the district would have been able to raise the levy by as much... more
