From KMIZ:
Taxpayers (in Columbia) will see an increase on their December tax bill.
On Thursday the Columbia Public School Board of Education approved a 14.75-cent increase to its current tax rate.
The district will use the money to make up for a $23.6 million shortfall in property tax revenue.
If you live within the school district the operating tax rate would increase from $3.9698 per $100 of assessed value to $4.1173, which remains below a cap approved by voters in 2003.
School Superintendent Chris Belcher says "The increase will allow the district to maintain the same level of local funding necessary to sustain a balanced budget."
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