If passed, collections wouldn’t increase in ’11
The Ridgefield school board has decided to ask voters to approve a three-year maintenance and operations levy next February.
The current three-year levy is set to expire in 2010 and in its final year will collect $3,688,000. The proposed replacement levy, if approved, will not increase tax collections in 2011 and will increase them by less than 3 percent in the final two years of the levy. The proposed levy would bring in $3,798,000 in 2012 and $3,912,000 in 2013.
The school board said it tried to balance the needs of the district and take into consideration the tight budgets of taxpayers. The board also had to factor in declining home values, which have dropped 15 percent in the last year, said Julie Olson, chairwoman of the board. If assessed property values climb in the next few years, the levy rates will decrease, she said.
The board also collaborated with the Citizens for Ridgefield Schools Committee to come up with the levy proposal.