October 26 – An increase to the tax levy may be needed for the Decatur Public School district to operate in the black this year.
DPS Chief Operational Officer Todd Covault presented the 2016 estimated tax levy at the Tuesday night School Board meeting. Covault says the district’s debt service is in a better position – up an estimated $2 million. Still, he anticipates an increase to the tax levy.
“The district as a whole is looking pretty good this year,” Covault explains. “I would estimate – for all of our operation funds not including debt service – that our extension would be two percent more than last year.”
Last year, the levy was increased by more than five percent.
Covault says the district is still waiting for the Illinois General Assembly to pass a full budget. DPS is also anticipating a tax cap in the future, which would limit the amount the district can levy from the taxpayers.
The estimated levy would be a total of $31,244,200 this year. The 2016 levy will be set later this year and the increase would be seen on your 2017 tax bill.
In other business…The Board of Education agreed to hire HYA Executive Search to help them find a suitable Superintendent. DPS and HYA previously worked together to find a replacement for former-Superintendent Gloria Davis.