When: Columbia school board meeting, June 15.
What happened: The school board unanimously approved the adoption of the final budget for the 2023-24 school year beginning July 1.
By the numbers: The $31.36 million budget comes with no tax property increase. The board also passed a resolution for the commitment of the June 30 fund balance; the resolution determines the area where money within the budget will be allocated throughout the year. The real estate tax millage rate will remain unchanged at 26.46, or $26.46 in taxes for every $1,000 of assessed taxable property valuation. The homestead and farmstead exclusion will reduce tax bills by about $430.93 per qualifying property.
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