Board recommends ad valorem tax increase for schools

by

Lexi Coon

Mountain Brook Schools is looking to add to its available funds for future use within the school system, and is hoping to do so through an ad valorem tax increase of 10 mills. The money from this tax would be set solely for education purposes.

During the Board of Education meeting on Feb. 11, Superintendent Dicky Barlow reviewed the resolution that requested to increase the tax, which Mountain Brook City Council reviewed later the same day.

This proposed ad valorem tax increase comes from the findings of the financial task force that was in operation to ensure quality education is provided while recommending future actions for the school system to take, which were discussed at the Board of Education meeting on Jan. 14. The task force was initially formed in August of 2018 in response to the financial stresses the state and education system have been under since the 2008 recession.

“We believe as a board it would be in the best interest for us to approve a resolution that recommends the ad valorem tax increase … And you can vote for it, or against it,” Barlow said. “But I would hope you would vote for it.”

The increased tax, which falls under the Special Schools Tax, is an “ad valorem tax for public school purposes,” according to the resolution prepared for the city council.

The resolution was reviewed by the city council through a public hearing the evening of Feb. 11, shortly after the Board of Education meeting, and council members voted to ask the state for a referendum. The resolution will proceed to the state legislature, and if approved there, a city-wide election will be set for residents to vote on the proposed ad valorem tax increase.

“And that’s what we’re trying to get to, is a vote to the people of Mountain Brook,” Barlow said. 

At the council meeting, Barlow said the majority of the revenue from the proposed ad valorem increase would be put towards capital projects at the schools. He also said if the state approves a referendum, he hopes the city could see a vote in late 2019 or 2020.

The current millage rate is 99 mills for Mountain Brook, and if the referendum is approved and residents vote in favor of the ad valorem tax increase, it could bring the city's millage rate to 109.

Also during the meeting, board members:

The next board meeting will be March 11 at 3:30 p.m. in the PLC.

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