Mt. Vernon Register-News

November 13, 2013

MVTHS to seek tax levy increase

Levy amount still has to be approved by full board


CNHI

MT. VERNON — — Mt. Vernon Township High School is considering a tax levy increase of 7.912 percent for fiscal year 2013-2014.

The MVTHS Board of Education's Finance Committee discussed the possible levy hike at a meeting Tuesday afternoon. Tax caps prevent districts from collecting more than a 5 percent increase, but often districts ask for more revenue than they will likely receive.

Superintendent Michael Smith said a number of factors are considered when developing a levy amount, including the prior year's verified tax values, the consumer price index and others. The MVTHS Board will likely vote on the levy hike next week.

Learn more about the proposed levy increase Thursday on this site or in the print edition of the Register-News.