School board renews tax opt out, offers contracts

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The Timber Lake School Board voted Monday to opt out of the state-mandated property tax freeze to levy an additional $45,000 for taxes payable in 2015. This is a renewal of the opt out passed five years ago and, according to Supt. Jarod Larson, is necessary to continue the operation of the school. Keeping the local general fund taxes at a certain level helps qualify the district for continued federal impact aid, which is about $1.5 million per year, Larson said. A notice about the opt out appears elsewhere in this issue.
 

 

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