School board opts for compensating tax rate

Becky Barnes,

Forgoing an opportunity to generate $162,927 in additional revenue, the Harrison County Board of Education opted for the compensating tax rate at its Tuesday meeting.
The compensating tax rate of 47.3 cents per $100 of assessed property would generate $4,272,009 for 2015-16, according to school documents. This includes .1 cent for exonerations, which allows the school district to recoup revenue that was lost last year, said Assistant Superintendent David Case.