The financial drought may be over.
An increase in the Jackson County tax digest and a hike in state funding mean the county school system will see a significant revenue increase this year. The increase comes after several years of declines in the county digest following the recession. Those declines forced the system to use up much of its reserves to make ends meet and to make a number of cuts to system personnel.
The Jackson County Board of Education approved a budget of $85.5 million last week — an increase of $4 million (approximately five percent) over last year’s $81.5 million budget.
The maintenance and operation tax rate is projected to stay at 19.276 mills.