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Board of Education Lowers Millage and Bond Rates

The Douglas County Board of Education voted on July 25, 2016 to lower both the property tax millage rate and the bond millage rate for FY2017. The millage rate was lowered to 19.8 from 19.85 while the bond rate was lowered from 1.25 to 1.2.

 

“We are pleased we can cut the millage and bond rates even though we are still $16 M behind the amount of money raised by the 2008 millage rate, suffering from state austerity cuts and serving many more students than we did at that time,” said DT Jackson, Chair of the Board of Education. “Thanks to the approval of ESPLOSTS, we have steadily decreased the bond millage rate every year since FY2011, going from 4.10 to the current 1.2 rate.”

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