Local school taxes make up a big part of a homeowner’s property tax bill. The tax bill is broken into two parts: Maintenance and Operations (M&O) covers operating costs like salaries, benefits and utility bills; Interest and Sinking (I&S) covers interest on bond debt for facilities.
In August, ÁùºÏ±¦µä reduced its I&S tax rate to 0.1430 per one hundred dollars of assessed valuation for 2014 the tax year. Compared to other school districts in the region, ÁùºÏ±¦µä has the second lowest overall property tax rate, at $1.2220 per $100 of valuation.