Pine Knot News - A hometown newspaper with a local office, local owners & lots of local news

Finances dog Carlton

 

December 23, 2022



Following Monday’s Truth in Taxation hearing, Carlton school board members voted unanimously to set the school district’s payable 2023 levy at just over $1.5 million, down from $1.6 million in 2022. The board adopted the 2022-23 total budget at just over $7 million, with expected revenues at $6.66 million, a projected deficit of $348,101.

While it might come as a relief to taxpayers, a decline of nearly $100,000 (6.14 percent) in the school levy isn’t a good thing for the school district, which seeing increased expenses.

But most revenues are tied to student numbers, so when student n...



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