Columbia school board voted to increase tax levy

Aug 22, 2013

Credit KBIA File Photo

The Columbia Board of Education has voted to increase the city’s school tax levy.

The Columbia Daily Tribune reports the board approved a new total tax levy of $5.42 per $100 of assessed property valuation. That’s an increase of 2.2 cents from last year, the smallest the board has approved since 2008.

The district’s chief financial officer said the increase would mean the average homeowner with a home assessed at $150,000 could pay $5.61  more on their tax bill in December.