What is an Extraordinary Growth Tax and why has the district asked for the budgeting authority?
An extraordinary growth tax levy gives a fast-growing school district the ability to request additional funding to deal with operating expenses. This is the first year that the Spring Hill School District has qualified for this assistance, with an average growth of 6 percent for three years. Several months ago in a public meeting, the Board of Education approved the process of applying for this type of budget authority. On May 18th, a public hearing was held in Topeka and the Court of Tax Appeals approved the request. The estimated $620,000 that this tax levy could generate would help bridge the funding gap if needed. It is important to note that the board will have the authority to levy only the amount needed to cover budget shortfalls.
