The South Central School Board held a hearing at their recent meeting to discuss the issuance of working cash fund bonds. The bonds that would be issued are in the amount of $1 million. This is identical to the bonds issued last year, and has been done in the past as well.
The Board also discussed the rate at which the district’s tax levy will be set. The Board plans to move forward with a levy increase of 4.99% over last year. The tax levy will now be available for review in the district office for the next 30 days. A vote to pass the levy is likely at the next board meeting.