Another important factor in determining the levy is Jefferson County's equalized assessed valuation.
However, district officials have to use past years' EAV figures to come up with an estimate since the verified 2013 data won't be available until next year.
MVTHS Board President Carl Miller said he's satisfied with the tentative levy Smith is proposing.
“If the state funded us better like they're supposed to, we wouldn't have to do that,” Miller said of the levy increase.
The MVTHS Board will vote on announcing the tentative tax levy at its next meeting at 7 p.m. Nov. 19. The levy would then be formally adopted at the Dec. 16 meeting.
Because the proposed levy increase is over 5 percent, a Truth in Taxation hearing will have to be held. This hearing will likely be scheduled for just prior to the Dec. 16 board meeting.