ORGANIZATIONAL MEETING ADENDUM DECEMBER 6, 2016 – XIII. Executive Session for Legal and Personnel Matters. Finance Committee Act 1 Index It is recommended that the Department of Education has set the base index for the 2017-2018 budget cycle at 2.5%. TASD’s index including the adjustment factor is 3.2% This allows a maximum increase of 1.2 mills to our current real estate tax rate, the equivalent of approximately $362,012. A motion will be on December’s Agenda to accept the index as the maximum tax rate increase.
ORGANIZATIONAL MEETING ADENDUM – DECEMBER 6, 2016 XIII. Executive Session for Legal and Personnel Matters. Finance Committee Act 1 Index It is recommended that the Department of Education has set the base index for the 2017-2018 budget cycle at 2.5%. TASD’s index including the adjustment factor is 3.2% This allows a maximum increase of 1.2 mills to our current real estate tax rate, the equivalent of approximately $362,012. A motion will be on December’s Agenda to accept the index as the maximum tax rate increase.
ORG.%20AGENDA-NON-ELEC%2016.docx