Pending approval from the Warren County School District's board of school directors, property owners may not be seeing an increase in taxes.
During Monday evening's meeting of the board's Finance Committee, a resolution was supported that would not raise taxes above the index for the 2010-2011 fiscal budget year.
According to documents provided by the district, the current millage rate is 47, with the 2009-2010 index being 4.2 percent. The allowable increase in mills is 1.97, which would generate $809, 340.
Finance Committee Chairman Jeff Lockett said if the resolution is approved, "no preliminary budget will be required at that time."
The preliminary budget will be instead required by May, with a final budget required by June 30.
In other business, the committee forwarded an IDEA stimulus contract with Intermediate Unit 5 and the request for qualifications for a mentor to work with students with disabilities to the full board for approval.
The next Finance Committee meeting is 7 p.m. Jan. 26. The next Warren County School District's board of school directors meeting in Jan. 11 at 7 p.m.