MAMMOTH SPRING -- On Sept. 16 voters in the Mammoth Spring School District will be going to the polls to decide on a five mill increase in the school tax.
Mammoth Spring Superintendent of Schools, Ron Taylor, said the millage increase will apply to real and personal property.
If an individual is receiving the Homestead Tax Credit on their house and the tax bill for the house is less than $350, they will not have a tax increase until those taxes go beyond $350.
The Annual Report to the Public will be held at the Mammoth Spring School cafeteria Sept. 11 at 7 p.m. and questions regarding the proposed tax will be discussed at this time.
Because of declining enrollment Mammoth Spring School will have $35,817 less state and local money this year compared to last year. "Next year, 2009-2010, the school will have $148,688 less money without the benefit of the tax increase," Taylor said.
The average millage for school districts in Arkansas with an assessed valuation of less than $30 million is 37.21.
"Mammoth Spring's current assessed valuation is $25 million and the current millage rate is 30 mills. The five mill increase we are asking for would still leave the school district millage rate lower than the state average," Taylor said. He said five mills would go for debt service and 30 mills would go for maintenance and operations at the school.
He said some other schools of similar size were already operating on higher millages. He said the Viola School District has 40 mills and the Calico Rock School District has 42.30 mills.
Taylor gave a few examples of how the millage would affect people's taxes if it did pass. If a home is appraised at $30,000, taxes per year would increase $30. If a home is appraised at $40,000, taxes would increase by $40 a year. If a home is appraised at $100,000, taxes would increase by $100.
"Additional tax information can be obtained by calling the Fulton County Assessor's office at 870-895-3592," he said.
Also on the Sept. 16 Mammoth Spring School Election ballot there will be one school board position open. That position is currently held by John Walsh who did not file for re-election. Two people have filed for the five-year term. They are Shelia Young and Clint Collins.