By: GARY P. KLINGER Review Correspondent, Staff Writer
It now appears likely that real estate taxes will rise for those living within the Ephrata Area School District.
But by how much? That remains a question not to be answered until the next regular school board meeting in June.
At Monday night’s meeting, board members unanimously approved a preliminary final budget which sets a maximum tax increase of 2.1 percent, raising the millage rate from the current 19.02 to 19.41. This would translate to an additional $39 per year for every $100,000 in assessed real estate value. According to district officials, the average value of residential real estate within the school district is $137,685.
Board President Timothy Stayer and district business manager Kristie Reichard, explained that with regard to the assessed value of local real estate, Ephrata is in the enviable position of seeing those values increase slightly over the past year, at a time when othe