H-BC levy may rise 7.8 percent

The Hills-Beaver Creek School District will levy an additional $104,225 for taxes payable in 2023.
The state Department of Education recently notified board members of the 7.8 percent increase.
While the H-BC board members accepted the state-calculated amount, they have until Dec. 31 to accept the maximum levy amount or a lesser amount.
The district set the proposed 2023 levy at $1.439 million, up from $1.335 million levied for 2022.
The school district anticipates $4.9 million in expenditures for the 2022-23 school year with an expected $4.6 million in revenue. The difference will be made up from reserves.
If the maximum levy is certified in December for 2023, the district will have an additional $55,860 general fund spending, $1,367 for community service activities, and $46,999 for the debt service account.
A public Truth in Taxation and budget hearing is scheduled for 7 p.m. Monday, Dec. 12.