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North Lawrence Community Schools To Adopt 2017 Budget On Sept. 22

Last updated on Friday, September 16, 2016

(BEDFORD) - The North Lawrence Community Schools is scheduled to adopt their 2017 budget at their school board meeting on September 22.

During a required public hearing last Thursday, no public members attended to voice their opinion on the proposed budget of $49,954,146.

The budget is an appropriation request. Appropriations are simply permission to spend funds. Appropriations do not reflect the actual amount that NLCS receives. For most of the funds, NLCS advertises high, expecting to receive less.

The maximum amount to be raised through local property taxes is estimated at $14,591,124. The current tax levy is $10,646,252.

The advertised tax rate for 2017 is $1.6675. The advertised rate for 2016 was $1.6656, with the Department of Local Government Finance later approving an actual rate of $1.0174.

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