BY JOSH PRESLEY
The Clay County School District will host a public hearing for its proposed 2014-15 budget 5 p.m. Tuesday at the Clay County Courthouse.
A proposed ad valorem tax effort will be considered at this meeting. An ad valorem tax is based on the value of real estate or personal property.
CCSD Business Manager Velma Robinson said the school district has a budget hearing every year, per state law, and any citizen of the CCSD will be able to attend. Attendees will be allowed to speak and offer tangible evidence before any vote is taken.
“When we prepare our budget we allocate local tax dollars,” Robinson said. “We have to make the public aware of that and allow citizens to come and have input.”
CCSD’s total projected budget revenue for the current fiscal year was $2,407,036, with 33 percent, or $793,019 coming from ad valorem taxes. The proposed budget for the next fiscal year has a projected total revenue of $2,403,050, with 34 percent, or $805,596 coming from ad valorem taxes. The budget includes salaries for staff and teachers, as well as school maintenance and supplies.
Robinson said the figures are based on revenue streams for each fiscal year. The projections could, and likely will, change by the time the budget is finalized in September, according to Robinson.
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