The District School Board of Nassau County is proposing a tax levy of $109 million, an increase of $30 million over last year according to a legal notice published last Wednesday.
The notice says a meeting to set the millage rate is today, July 31, 2023, at 6:30 p.m. in the boardroom at the School Board office at 1201 Atlantic Ave., Fernandina Beach, and is open to the public.
According to the notice, the proposed operating budget expenditures of the district are 22.6% more than last year.
Last November, voters approved a 1 mill bond issue for four years to go toward teachers' salaries.
The district's 2022-23 budget cited a 10.6% operating expense increase over the previous year.
The proposed millage rate for 2023-24 is 6.46 mills per $1,000 of property valuation. The rate this year is 5.880 mills.
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