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What is the mill rate (used to calculate property taxes) for the operation of schools and for the debt service on existing bonds?

The 2007 mill rate is 1.25 mills. Here is a chart of the last five years’ mill rates and the estimated mill rate for the proposed 2007-08 school year budget.

School Year General Fund Debt Service Total
2003-03 6.22 159 7.81
2003-04 6.04 1.33 7.37
2004-05 5.99 1.26 7.25
2005-06 6.19 1.40 7.59
2006-07 5.79 1.34 7.13
2007-08 5.54 1.25 6.79



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