The Hamilton Community Schools Board has officially adopted a resolution that will allow voters to decide in November whether to continue to impose a property tax of up to 44 cents per $100 of assessed property value in order to ensure the schools stay open.
Approved in November of 2012, the district currently has an operating referendum tax rate of an additional 44 cents per $100 of assessed property value that expires at the end of this year.
After a failed referendum last November, the district is pursuing this second referendum with a decrease from last years proposed 71 cents per $100 property value. According to Superintendent Tony Cassel, when the current referendum rate ends in December, unless voters approve a new rate, the district will have a projected $1.7 million shortfall next year and will not be able to continue to operate.
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