A Colonial School District forum Tuesday about a vote to raise school tax revenue by $61 million also served to ease fears about the effects of property reassessments. “Everyone thinks that ‘Oh my god, my house is gone from this and it’s quadrupled, my taxes are going to skyrocket’, and that would be true except we have to reset the …
Colonial School District is the latest to detail an operating and capital referendum to be held early next year. In the district’s school board meeting Tuesday night, the board voted a phased approach to a local tax increase, with a spike of 25 cents per $100 of assessed property value in fiscal year 2025, 10 cents in fiscal year 2026 …
