LTISD Tax Rate stays same despite budget complications
Published on Friday, 03 June 2016 14:28 | 
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LTISD has announced that the overall tax rate will not increase in 2017 despite ongoing budget challenges.
The plan also involves moving funds (2%) from its bond fund to operationsand represents about $2 million.
That will give the school district the capacity to borrow as much as another $224 million in bonds. The District's facilities audit this summer will determine the Bond amount that will go up for vote in November 2017
Also in play is a 1.5% salary increase with no benefits changes for staff to be voted on in June.
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