By Tony Farkas
CENTERVILLE — The Centerville ISD School Board approved its budget for the new fiscal year on Thursday, one that includes a dip in the property tax rate.
Superintendent Mark Brown said the board approved the tax rate at .9429, or 94.29 cents per $100 valuation, down from the previous rate of .9857. The new rate, however, will raise the bill for most property owners by $196 a year.
The additional money will help fund the 5 percent increase expected in the annual budget, which is just over $2.2 million.
In a related matter, the board approved budget amendments to the 2021-22 budget, necessary at the end of the budget cycle.
The board also held a public hearing on Title I, II and IV grants from the federal government.