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