Sarasota School district was one of almost a dozen Florida districts summoned to appear before the Board of Education after mandating masks in schools.
Due to increasing home values, Sarasota School taxes could go up heraldtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldtribune.com Daily Mail and Mail on Sunday newspapers.
Chief Financial Officer Mitsi Corcoran said school officials are concerned that there will not be enough money if a larger influx of students across the state return to classrooms or opt to take a state-funded voucher to attend a private school.
The district is anticipating roughly $371 million in state and local funding for operations this year, a reduction of $1.5 million compared to last year.
Once all the calculations are complete, the district will be receiving roughly $86 less per student this year than they did last year, Corcoran said.
Property owners will pay a slightly lower tax rate for school district taxes next year, as the annual required local effort millage rate is being reduced from 3.711 to 3.553 mills. A mill is equal to $1 for every $1,000 of a property s taxable value.