School board approves 4- percent tax hike

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By Molly Haines

Following an unattended public hearing Aug. 29, the Owen County Board of Education unanimously approved a 4-percent tax increase for 2018-19.
The property and tangible rates were set at 65.9 cents per $100 of assessed value -- up 2.6 cents from last year.
In recent years, Owen County School Superintendent Rob Stafford said the board had taken the 4-percent increase about every other year, having taken the compensating rate last year.
The total general fund revenue expected in 2019 on property taxes is just under $3.5 million.

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