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Board considers tax rate for Gainesville schools
Jeremy Williams --NEW
Gainesville City School System Superintendent Jeremy Williams
With a 2018 fiscal year budget already approved, Gainesville City School System board members are now trying to make a final decision on how to pay for it. School board members had their first look at three proposed tax rates for consideration at a meeting Monday night. All three would require the district to dip into its fund balance to pay for its $70.1 million 2017-18 budget approved in June. To be settled is how much the fund balance will be hit and how much taxpayers will be asked to pay. The board is scheduled to set the millage rate for property taxes in September. The millage rate equals $1 of taxes on every $1,000 of taxable value. The three options presented to the board Monday were: