Pandemics don’t care about property values.
That’s why members of the Monongalia County Board of Education are meeting in special session today.
Levy rates will be the main topic of discussion in the COVID-19, social distancing version of fiscal deliberation.
The BOE will consider rates for the coming fiscal year in the 6 p.m. meeting, which will be carried online via Zoom.
Members will then likely adopt the rates, which will then be sent to Charleston for final approval.
To log in and comment during the public hearing, visit the Monongalia County Schools site on the web, and click on the “Agendas for Meetings” pull-down menu.
The entry for tonight’s meeting will have a video link with instructions.
Those levy numbers, meanwhile, won’t need much instruction, district treasurer Nicole Kemper said.
The projected rates are the same as last year, she said.
For Class II properties, which are owner-occupied homes, that’s a 38.80 cent rate for every $100 assessed, and 77.60 cents per $100 of assessed value on Class III and IV properties.
Class III properties are those holdings not used or occupied by an owner and are outside a municipality. Class IV is the same, only within a municipality.
Under the excess levy, which is used to pay for expenses such as textbooks and salaries, the projected Class II rate for the coming year is 33.50 cents for $100, Kemper reported.
Class III and IV properties would be assessed 67.00 cents, per that rate.
The excess levy traditionally makes up about 25% of the budget for Mon’s schools.
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