Details for 1442044.pdf

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NOTICE OF PROPOSED
AD VALOREM TAX EFFORT
AMORY SCHOOL DISTRICT
The Amory School District will hold a public
hearing on its proposed school district budget
for fiscal year 2019-2020 on Thursday, June
27, 2019 at 6:00 p.m. at the Amory School District Superintendent’s Office. At this meeting,
a proposed ad valorem tax effort increase will
be considered.
The Amory School District is now operating with a projected total budget revenue of $15,586,021. Of that amount, 23%
or $3,532,258 of such revenue is obtained
through ad valorem taxes. For next fiscal
year, the proposed budget has total projected revenue of $16,033,645. Of that amount,
24% or $3,804,957 is proposed to be financed
through a total ad valorem tax levy.
For the next fiscal year, the proposed increase
in ad valorem tax effort by Amory School District may result in an increase in the ad valorem tax millage rate. Ad valorem taxes are
paid on homes, automobile tags, business fixtures and equipment, and rental real property.
Any citizen of Amory School District is invited
to attend this public hearing on the proposed
ad valorem tax effort, and will be allowed to
speak for a reasonable amount of time and offer tangible evidence before any vote is taken.

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