Property owners in the Millard Public Schools will see a 3.2 cent increase in their tax levy for schools next year.
Members of the Millard school board on Tuesday set the tax rate and approved a $233.7 million general fund budget for 2018-19.
The budget is up 2.55 percent.
“We’re not out of the woods yet,” said board member Mike Kennedy, “but it’s a fiscally responsible budget.”
The tax rate will increase to $1.25 per $100 of valuation.
The district tax bill on a $150,000 house will be about $1,875 — up $48.
Property owners who got hit with a valuation increase would see a bigger bump.
Valuations increased about 4.8 percent across the district.
In setting the budget, the board used a portion of the new levy authority voters approved last year.
Board members used 3.9 cents, but the impact to the total levy was less than that because other portions of the school levy declined.
Under the authority granted by voters, board members could have used up to 9 cents beyond the state-imposed $1.05 levy limit for general fund expenditures.