Colonial School District’s capital and operating referendum has passed, a day after Red Clay’s referendum also passed. With the successful referendum passes, there will be 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 and five cents in fiscal …
Colonial addresses concerns about sports facilities in tax forum
How Colonial School District sports will benefit from a $61 million tax referendum was a common theme among questions during Wednesday’s virtual public forum. District officials fielded queries about the effect of the referendum, which would raise average homeowners taxes by about $250 annually. The money will be used to match state funds of $122 million for maintenance and improvements …
Colonial forum details proposed tax hike, reassessment effect
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 …