Provo City School Board of Education Truth In Taxation Public Hearing
The board convened a truth in taxation public hearing to address a proposed property tax rate increase. The discussion covered the financial requirements for the upcoming budget year, specifically focusing on the necessity of funding teacher salaries and interest payments for a municipal building authority bond associated with a new elementary school. The board reviewed budget trimming and reallocation efforts made throughout the year and formally approved the certified tax rate of 0.006999.