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Budget Would Hike Newark Tax a Nickel
Newark trustees consider a proposed 1963 63 budget raising the district tax rate by five cents to $1.75 per $100 of assessed value. The plan calls for $1,491,800 in operating expenses, based on a $46 million valuation and an expected 3,800 students, with salary increases for teachers and staff and 26 new teachers to staff Milani and Roschin schools. The budget anticipates state aid of $701,100 growth $116,700 federal aid $52,000 and district taxes $455,000, with a work session set for Friday.
MENTIONED IN THIS ARTICLE
Newark
Jack MacGregor
MacGregor
Milani
Roschin
Milans
Ruschin School
Lido School
Ruschin
Lido