(Beaver Dam) The Beaver Dam School Board Monday night adopted the district budget for the current school year. The $48.4-million-dollar document includes a tax levy of $15.7-million, a $383-thousand-dollar increase over last year. The mill rate of $9.04 per $1000 of assessed value is a 35-cent drop from what homeowners saw a year ago. The district received $22.6-million-dollars in state aid, an increase of over $430-thousand-dollars. Equalized property values in the school district increased by 6.45-percent over last year’s valuation. Director of Business Services Anne-Marie Malkovich says that is a sizable jump compared to last year’s increase of 3.49-percent. The school board credited the work done by district staff in preparing the budget and that they are pleased the mill rate is going down.