Mayville School District Adopts Preliminary Budget

(Mayville) The Mayville School Board approved the preliminary budget for the 2018-2019 school year at their meeting Monday night. The $12.9-million dollar document has an estimated tax levy just over $6-million which would be a $300-thousand dollar drop from last year. Superintendent Scott Sabol says the proposed mill rate of $10.21 per $1000 dollars of assessed value would be 83-cents less than the number home owners saw last year. Sabol says a slight decline in enrollment over the past three years played a factor in the mill rate. He says the district will have to levy less when several state exemptions were removed as a result of declining enrollment. Sabol says roughly a three-percent jump in property values also played a role in the mill rate number dropping. He says that he is proud of the work from district staff that went into preparing a strong budget. The school board will hold a budget hearing on October 29 with final adoption slated for November 5.