Pierce City school board sets levies
Priorities shift toward facility needs
Members of the Pierce City School Board voted to keep the district’s operating levy at $2.75, the minimum allowed by Missouri law, and one the district has consistently used since the 1994-95 school year.
Board members opted to keep the debt service levy at 79 cents, also consistently used for the past 25 years, for a total of $3.54.
Assessed valuation on real estate for the district, which includes properties in Lawrence, Barry and Newton counties, totals $31,463,955, as compared to last year’s total of $31,041,996, up less than 1.5 percent. Assessed valuation on personal property for the district totals $12,549,556, as compared to $11,840,789 last year, up six percent.
Based on the combined valuations totaling $44,013,511, revenues would total $1,558,078, based on 100 percent collection.
New revenue from construction and improvements totaled $5,906; and new revenues from reassessment totaled $25,189.
Dr. Kelli Alumbaugh, superintendent of the Pierce City School District, budgeted revenues based on a 95 percent collection rate, totaling $1,487,689.57.