Published On: Wed, Sep 6th, 2017

More budget hearings on tap

OSMOND — Budget planning continues for political subdivisions in the county. Three entities have scheduled hearings for next week for their 2017-18 budgets.
School District 42R
For its 2017-18 fiscal needs, Osmond School District 42R has a disbursement and transfer total of $5,768,678. Last year, the number was $5,423,133. The total personal and real property tax requirement for non-bond funds is $2,911,616.14. Of that amount, $2,818,180.79 is in the general fund with $15,151.52 in the special building fund and $78,282.83 in the qualified capital purpose undertaking fund. Last year the total was $2,817,878.76 with $2,641,414.24 in the general fund, $50,505.05 in the special building fund and $73,232.32 in the qualified capital purpose undertaking fund.
The proposed general fund tax rate this year is $0.680084 while last year it was $0.623357. The special building fund proposed tax rate this year is $0.003656. Last year it was $0.011686. The qualified capital purpose undertaking fund proposed rate this year is $0.018891. Last year, it was $0.016944.
The school district budget and levy hearings are scheduled for Monday, Sep. 11, at 7 p.m. in the school media center.
Pierce County
The total personal and real property tax requirement for Pierce County is $4,625,000. Of that amount, $275,000 is earmarked for bond retirement while the general fund asking is $4,350,000. The budget for the ensuing year is $14,605,151.71. Last year, the figure was $14,905,485.63. The proposed tax rate is $0.231804. A year ago, it was $0.237058.
The county hearing is scheduled for 9:30 a.m. on Monday, Sept. 11, at the commissioners’ meeting room.

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