Medina’s school tax rate drops by 89 cents
MEDINA – The Medina Board of Education last week set the tax rates for the 2019-20 year. Th $20.23 rat is down 89 cents from the 2018-19 school year.
The district has a $40,284,425 budget for the 2019-20 school year, including a tax levy of $8,641,861, the same as 2018-19. This is the eighth consecutive year Medina has either reduced taxes or held them in check, and the 11th out of the past 12 years.
Although the tax levy is the same, the rate will go down due to a rising assessed value in the district.
Lee-Whedon Memorial Library which sets its budget separately from the school district, has a rate of $1.28, down a penny.
Ridgeway, which is at 0.94 equalization, will have a rate of $21.52 and $1.36 for the Lee-Whedon Memorial Library. Shelby, which is at 0.98 equalization rate, has a school tax rate of $20.64 and $1.30 for the library, said Mark Kruzynski, the district superintendent.
Barre and Albion are at 1.00 equalization rates.