School Board Agenda Part 2...Saving 2%

There is too much going on with the August 13 agenda to have it all in one post, so I thought I would break it up into parts. Here's Part 2...Saving 2%.

Treasurer’s Report – The treasurer’s report for the month of July reflects cash transactions which are quite typical for this time of year. The large collection of real estate taxes in July is due to residents paying bills to take advantage of the discount period saving 2% on their tax bills. About 87% of our residents take advantage of this payment option. July is also the first month utilizing our new bank accounts which is reflected in a number of accounts with zero balances. The new accounts are working as intended. The superintendent recommends approval of this report.

OK, maybe not worthy of a post, but since there was some discussion about spreading out the tax payments, I thought it was interesting that 87% of us take advantage of the discount period in order to save 2% on our taxes.