Ocean Springs school district lowering taxes for fiscal 2017

Thanks to an increase in assessed valuation within the district, Ocean Springs school taxes will drop for fiscal 2017.

Tuesday night, the district’s board of trustees set the school district’s budget request — the amount needed to operate the district after state and federal funds are factored in — at $17.83 million, an increase from the FY16 request of $16.71 million.

But to generate that amount, the City will have to levy only 66.8 mills — a decrease of 2.69 mills from the current fiscal year. For a taxpayer with a home assessed at $180,000, the reduction will mean a savings of $48.42 on their tax bill.

Gulflive
8/10/16