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Newport School Board Approves Same Tax Rate

The Newport Board of Education set its new tax rate, though it will be the same as last year, 108.6 cents per $100 of assessed value for real and personal property.

The tax rate for motor vehicles is 99.3 cents per $100 of assessed value. 

District Chief Financial Officer Tete Turner, Jr. stated that Newport Schools have not sought an increase of 4 percent, the most allowable without a public vote, in nine years.

The board also approved the district's working budget at $29 million with a contingency of $4.6 million.

Energy Manager Grady Brown also received a raise, something that hadn't happened for that position in seven years.

The board voted to increase the compensation from $15,000 per year to $20,000.

Turner said that Brown's work has saved the district money and that it was time for a raise.

-Patricia A. Scheyer, RCN contributor