Leaders of a metro Atlanta school system have approved a tax increase to boost revenue.
The Atlanta Journal-Constitution reports that the DeKalb County school board approved the tax hike Monday by a 5-4 vote.
The move is expected to bring in an additional $14.8 million, but school officials say the average homeowner will still pay less to the school system than last year because of falling property values in the county.
Michael Perrone, the school system's finance chief, says the tax increase will lead to a $1,456 school tax bill for the average homeowner. That is less than the $1,574 paid last year by the average homeowner because the average home dropped in value by nearly $20,000 to $151,790.
Friday, May 24 2013 4:41 PM EDT2013-05-24 20:41:37 GMT
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Friday, May 17 2013 7:16 PM EDT2013-05-17 23:16:53 GMT
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Friday, May 24 2013 7:39 AM EDT2013-05-24 11:39:32 GMT
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Wednesday, May 22 2013 6:39 PM EDT2013-05-22 22:39:41 GMT
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