Bobbie Bicknell Coray, Reporter
Rich Civic Times
RANDOLPH, Utah. August 16 2017. The Truth in Taxation public meeting was held as required by law. Richard Clark, Rich School District, gave a PowerPoint presentation explaining the need for a tax increase stressing that although there is an increase in valuation, taxes will go up but will be mitigated by the reduction in another tax.
No one from the public attended the hearing.
Clark explained that there are three general sources of funding, federal small state funds, basic levy, plus state aid. Rich School District has not had an increase, even for inflation, since 2010.
There are four reasons for a increase in funding:
1. Educator Retention, other competing districts have significant raises and Rich County must remain competitive.
2. Educator Development. They have increased training by 4 days to give teachers more educational tools.
3. Cover inflationary expenditures, for example, medical insurance went up by 7 percent.
4. Cover lost Federal and State revenue. UPASS was cut by $12,000 and At Risk money was cut by $40,000. In addition,Title 1 and Title 2 money was cut by $100,000.
Rich School District has the fourth lowest tax levy in the state of Utah, which includes all school taxes.
A primary home with a valuation of $200,000 will see taxes up $32 per year. A second home tax will be raised by $58.40. But because there was a reduction in debt service the net increase is $14.09 on a primary home and $24.60 secondary home.
Eric Wamsley, board member, said “We so appreciate the second home owners, they play a major part in our school district funding.”
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