During yesterday’s school board meeting the Ellwood City Area School Board unanimously voted to adopt the proposed 2017-18 budget at 16.74 millage, which includes a 0.18 mill tax increase.
This is the first tax increase imposed by the district since 2013 and the extra funds will be used to finance renovations at Lincoln including the third-floor walkway and science wing.
A $1.2 million transfer from the district’s reserve fund is also included in the budget.
An owner of a $64,000 property, Ellwood’s median property value, can expect to see an increase on their school property tax bill from $1,059.84 to $1,071.36.
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