School board raises tax rate

Due to cuts in funding and mandated salary increases, the Owen County School Board has decided to increase its 2010 tax rate.

The board voted to take the 4-percent increase. This year’s real estate rate will be 56.6, up from last year’s rate of 54.8. The personal property rates have dropped from last year’s rate of 60.4 to 58.8. The motor vehicle rate and utility tax rate will remain the same.

Owen County Board of Education Finance Officer Sheila Miller said the Owen County school district is not the only district to experience a budget problem.

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