Olney ISD tax rates will remain unchanged if the numbers proposed Monday, July 14, are approved in August.
Trustees held a lengthy meeting that included budget and tax rate discussion, as well as action on school lunch prices.
During the budget planning session, trustees conducted a workshop and adopted a proposed budget and tax rate for the 2014-2015 year.
The budget’s bottom line came in at $9,034,728 with a proposed maintenance and operations tax rate of 41.17 and a proposed interest and sinking tax rate of 19 cents.
“That is no change from last year,” said Dr. Greg Roach, Olney ISD superintendent. “That’s just proposed. They’ll have a public meeting Aug. 25 regarding the proposed budget and tax rates.”
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