The South Knox School Board heard a review of the proposed South Knox School Corporation budget for 2022. The budget will show a slight increase over this year’s numbers.
South Knox Superintendent Tim Grove pegs the overall budget proposal at just over 15 million dollars. The largest fund will be the Education Fund, with a cost of nearly 10.37 million dollars. The Operations Fund will come in just under four million dollars, with a debt service account totaling nearly one-point-four million.
The advertised property tax rate is a 32 cent increase per 100 dollars in assessed property value. However, Grove believes that will be reduced to a level either equal to or slightly above last year’s total levy.
Board members will consider adopting the proposed budget at their October session.