District to host tax rate hearing

By Nicole Cooke

August 10, 2014

The Sedalia School District 200 will host a public forum today for the 2014-15 tax rate before the Board of Education meeting.

Based on the district’s assessed valuation of $342,515,936, the tax rate ceiling, as set by the state auditor, is $3.2728 for the 2014-15 year. The district may legally levy $3.2728 in the Operating Fund and $0.6400 in the Capital Projects Fund for the 2014-15 school year.

The tax rate is determined by dividing the amount of revenue required by the current assessed valuation. The result is multiplied by 100, so the tax rate is expressed in cents per $100 assessed valuation.

The recommendation is to levy $0.6400 in the Capital Projects Fund to meet obligations for the new Smith-Cotton High School and levy $3.2728 in the Operating Fund to appropriately fund the operating budget, creating a total levy of $3.9128.

By statute, school districts must set a tax rate by Sept. 1, and a public forum must be conducted prior to that date. Members of the community will have the opportunity to voice their opinion on the tax rate during today’s hearing, with each resident limited to three minutes and one appearance at the microphone.

During the board meeting, Project Manager Dennis Paul, of Septagon Construction, will provide the board with an update on the progress of Smith-Cotton Stadium at the Jennie Jaynes Complex. The board will also be voting to approve a stadium lease agreement between the district and the City of Sedalia to allow the district to continue use of Jennie Jaynes Stadium until the new facility is completed.

Assistant Superintendent Dr. Nancy Scott will also discuss key points of evaluations for the Title III English Language Learners program and the Title IC Migrant program.

During the meeting the board will also:

• Approve the 2013-14 Annual Secretary of the Board Report.

• Approve an early out request from the Sedalia Area Chamber of Commerce Friday, Oct. 3 so district students and staff can participate in the Fireball Run event.

• Approve the math curriculum for grades kindergarten through fourth.

• Approve the community eligibility provision, which provides an alternative to household applications for free and reduced meals for students.

• Discuss district policy updates.

• Hear about a donation from Duke Manufacturing.

The tax rate hearing will begin at 6:15 p.m., with the monthly public session to follow at 6:30 p.m. at Smith-Cotton High School, 2010 Tiger Pride Blvd. For more information, call 829-6450.