September 12, 2022 at 6:45 PM - Board of Education Tax Hearing

Rationale:  September 2, 2022

Rationale:  The Norfolk Public School District's board of education Tax Hearing is called to order.
 

Rationale:  If any board member is absent, there will need to be a  motion to excuse the absence.

Rationale:  This is a legal meeting of the board of education, as advertised by the means specified in board policy. A complete copy of the Open Meetings Act is posted in the board room for your review. A copy of the agenda is available at the desk of the recording secretary.

Rationale: 

Welcome to the local Tax Request Hearing for the 2022-2023 fiscal year. The purpose of this hearing is to give taxpayers the opportunity to provide support, opposition, criticism, or suggestions and observations regarding the proposed tax request.  The hearing is only for items related to the tax request resolution.  A joint public hearing will also be held on Sept. 26th at 6:00p.m. at the Lifelong Learning Center.
There will be a review of the tax requests and the board will provide the opportunity for public input.  Official action and voting on the tax resolution will be on Sept. 28th and not at this meeting.

Norfolk Public Schools (Madison County School District 59-0002) is proposing the following tax request:
General Fund - $30,794,185
Special Building Fund - $1,539,709
QCPUF - $866,263
This is a total tax request of $33,200,157
 

• The total assessed value of the property differs from last year’s assessed value by 6.21%
• The tax rate which would levy the same amount of property taxes as last year, when multiplied by the new total assessed value of property, would be $1.016898 per $100 of assessed value
• Norfolk Public Schools (Madison County School District 59-0002) proposes to adopt a property tax request that will cause its tax rate to be $1.078131 of assessed value.  This is a reduction of .001869 from the current tax rate of assessed value of $1.080000.
• Based on the proposed property tax request and changes in other revenue, the total operating budget for all funds of Norfolk Public Schools (Madison County School District 59-0002) will exceed last year’s operating budget of all funds by 0%.  The percent increase or decrease in operating budget by specific fund is the following:
  • General Fund - 3% increase
  • Bond Fund - (-56%) decrease
  • Special Building Fund - 21% increase
  • QCPUF Fund - (-33%) decrease

To obtain more information regarding the increase in property tax request, citizens may contact Norfolk Public Schools (Madison County School District 59-0002) at 402-644-2500 or e-mail by going to the following web address https://www.norfolkpublicschools.org/contact/