NBC Board Approves Property Tax Increase

The Northern Bedford County School District Board of Directors approved a 3.65% property tax increase for the 2024/25 school year representing a hike of .34 of a mill. This will represent a $45 annual tax increase for the average household.

The only dissenting vote opposing the budget came from board member Ralph Scott. The General Fund Budget for 2024/25 will have revenues of $15,692,251 and expenditures of $16,482,065 with a deficit of $789,814.

The local revenue from real estate tax of $3,289,204 is anticipated at 94 percent collection rate. This does not include money from the state which...