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School Taxes May Go Up In Montgomery
Tuesday, 04 August 2009

August 4--  School property taxes may have to go up in Montgomery County to help pay for a proposed new Middle and High School.

Bond broker Tom Owens told the school board Monday night it may need to levy up to another mil of property tax to supplement sales tax revenue in order to finance the estimated $16 million school.

The school board has a called meeting August 24th to decide if it will call for a sales tax and bond referendum November 3. 

School superintendent Dr. Lynn Batten says the bid may come in lower than $16 million because contractors need the work. "Due to the recession, construction costs are lower and that benefits taxpayers, it's a very cost efficient time to build," he says.

Dr. Batten estimates the local share of the project could be as low as $9 million to $11 million due to some help from the state with building costs.  "The state said it's better for us to build a new school and we will participate if you construct a new school, but we will not participate if you do a renovation," he reports.

The two schools currently occupy eight buildings on the campus in Mount Vernon with some of the buildings dating back to 1929.  Other additions and renovations were added in the 1950's and the 1990's.

Dr. Batten Discusses New School Project Here.


 
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