Hillsborough School Board gives first approval to tax rate

The board took the first of two votes on a $3.3 billion budget.
(AP Photo)
(AP Photo)
Published July 30, 2019|Updated July 30, 2019

The Hillsborough County School Board on Tuesday gave its preliminary approval to a property tax rate of $6.129 per $1,000 of home value.

The percentage rate is lower than the current year’s rate, reflecting rising property values.

The owner of a $200,000 home with a $25,000 homestead exemption would pay $1,078.58.

The board also approved the $3.3 billion budget for 2019-2020. The second and final public hearing is at 5:01 p.m. Sept. 10.