Board Sets Tax Rate at $13.27
On Monday, April 11, the West Des Moines Community Schools Board of Education adopted the district’s $198 million 2016-17 certified budget and set the tax rate at $13.27.
This is slightly higher than the current $13.24 rate, but district officials estimate that the rate will remain at its current level once finalized.
During the Board’s regular business meeting, Chief Financial Officer Paul Bobek explained that one of the goals in developing the 2016-17 certified budget was to maintain a constant property tax rate.
When the Board adopted and certified the 2015-16 budget, it did so at a total property tax rate of $13.27. Subsequently, the Department of Management made adjustments that resulted in a final total 2015-16 property tax rate of $13.24189. It is possible the Department of Management may still make adjustments to the 2016-17 budget after the Board adopts and certifies, lowering the tax rate.
More information about the district’s 2016-17 budget is available here.
For previous budget-related posts, please click here.