R-II Board sets levy at $3.7229

Posted August 29, 2013 at 11:55 am

In a special session Thursday, Aug. 22, the El Dorado Springs R-II School Board set the 2013 property tax levy at $3.7229 per $100 of assessed valuation. The levy last year was $3.6755.

The 2013 assessed valuation for the district is $84,642,540, which is a 3.66% increase over the 2012 assessed valuation of $81,652,998.

The new tax rate ceiling, based on those figures, is $3.1861. In 2012 the tax rate ceiling was $3.1855. The debt service levy is $0.5368 up from $0.49 in 2012.