The district collected $1,902,710 last year from real property, personal property, and motor vehicles within the district boundaries, the school system said in a statement.
Under the rate adjustment, the district is expected to collect $1,914,613 million, which is roughly $12,000 additional.
Board Chairman Jay Carlisle said, “By rounding off the rate from .2236 to .2250, we’ll maintain basically the same revenue stream. This is because the overall property valuations within the school district boundaries and across Halifax County decreased.”