District 88 Tax Levy Approved 07 Dec 12

The New Ulm District 88 School Board on Thursday approved a proposed tax levy for next year that is a more-than 23% increase over this year. Superintendent Harold Remme says that the majority of the tax increase is due to the levy referendum approved by District 88 voters last month, and the Board can now begin the process of reinstating programs that had been previously cut. The levy will provide $575 per-pupil per-year, adjusted for inflation, to fund daily operations. Most of the other changes in the District 88 tax levy are governed by state formulas and regulations. Following the regular meeting Tuesday, the school board held a closed session to discuss the sale of the former middle school. The district is reportedly close to an agreement with high-bidder Eagle Development, and a sale could happen as early as the next board meeting on December 20th.