August 17, 2010

Hilton Central Board of Education sets tax rates for 2010-11

The Hilton Board of Education approved the tax rates for residents of the Hilton School District at their August 13, 2010 meeting.   Tax rates will show a minimal increase in Clarkson and Greece, rates remaining flat in Parma and a reduction in Hamlin which is experiencing its first full-value assessment in 25 years. True value remains the same for all four towns in the District at 100%.   In approving the tax rates the Board accepted a change in the tax levy, decreasing it by $400,000 by an offset of the same amount in the fund balance, to reflect an adjusted levy of $33,032,726. This year’s actual tax rates showed a minimal increase over the projected rates due to a lower than anticipated increase in assessments.  Dr. Steven Ayers, Assistant Superintendent for Business, had recommended the fund balance offset to minimize tax rate increase for residents. Budget projections at the May vote were hampered by the lack of a State budget, possible mid-year reductions in school aid, and other personnel and retirement considerations which were factored into the final budget.  For additional 2010-11 Budget information, please visit the Hilton District  Budget Profile.

TAX RATES 2010-11 Hilton CSD

* Hamlin is undergoing a full-value assessment, the first time in 25 years.