(Hillsboro) Voters in the Hillsboro School District will see two propositions on the April ballot.
The board of education approved putting the two measures on the ballot during its January 5th meeting.
Superintendent Dr. Jon Isaacson explains the first proposition.
If the proposition is approved, the current debt service levy of the school district is expected to decrease from $1.1933 to $0.7933 per one hundred dollars assessed valuation or real and personal property.
Dr. Isaacson also goes over the second proposition.
If the second proposition is approved, the operating tax levy of the district is estimated to be $3.7746 per one hundred dollars of assessed valuation, and the district expects to make a corresponding reduction in the same amount to its debt service tax levy resulting in the estimated overall tax levy of the district to remain unchanged.
So once again the plan will not result in a tax rate increase. However, it is important to note that as the debt of the 25-million dollar bond is paid off, the tax rate could go down.