USD 232 approves 2009-2010 budget, holds mill levy steady
The De Soto USD 232 Board of Education unanimously approved the 2009-2010 budget of $92.6 million at Monday night’s meeting.
The budget holds the district’s mill levy stable at 74.169 mills.
In order to keep the mill levy the same the district would have to tap into reserves by reducing the mill levy in special assessments and the mill levy in capital outlay to 4 mills, previously the funds were at a 4.5 mill level.
The approved budget expects to have $28,519,130 levied in taxes, compared to $28,993,826 for the 2008-2009 budget.
The board approved the publishing of the budget at the July 27 meeting.