Missouri News

Palmyra R-1 School Board agrees to keep tax rate unchanged in 2018-19

By Herald-Whig
Posted: Aug. 23, 2018 9:25 am

PALMYRA, Mo. -- The Palmyra R-1 School Board will keep the district's tax rate unchanged for the 2018-19 school year.

The board conducted a public hearing as part of a special meeting Tuesday night and agreed to keep the operating fund's tax rate at $3.348 per $100 assessed valuation and the debt service fund's rate at $0.68.

Also at the meeting, the board discussed plans for the $3.5 million bond issue that will appear on the April 9, 2019, election ballot.

If approved by voters, the bond issue would provide funding for a wide variety of facility improvements. However, Superintendent Kirt Malone said residents would not see any increase in the district's property tax rate because the new bond issue would replace an existing bond one that's slated to be paid off in coming months.

Possible projects to be carried out if the bond issue is approved include:

º Renovate the district's agriculture building, built in 1980.

º Renovate the middle school's kitchen, which hasn't been upgraded since the school was built in 1961.

º Build a new all-weather track at the high school.

º Build an addition onto the existing weight room for the high school's wrestling program, which holds its practices in the middle school cafeteria.

º Provide another layer of security at the Palmyra High School campus by adding keyless entry to the main doors and updating the key locks in other doors.

º Improve the elementary school's playground.

º Upgrade the dilapidated tennis courts at PHS.

In other action, the board approved a change order in the district's heating, ventilation and air conditioning project to replace a heating-only unit in the high school locker rooms with a heating/air conditioning unit.

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