Pasco County property owners will see a slight tax rate reduction from the school district, as part of the district’s $1.39 billion budget for fiscal 2020.
The overall rate approved Tuesday is $6.101 per $1,000 of taxable value, down 17.8 cents per $1,000 from the previous year. The owner of a $175,000 home would pay $26.70 less than he or she paid in fiscal 2019.
The budget includes 3 percent raises for employees, along with fully paid medical benefits. It also supports $341 million in construction projects, the largest of which are a renovation of Zephyrhills High, a new Cypress Creek Middle School in Wesley Chapel and Starkey K-8 campus in Trinity, and classroom wings at Sunlake High and Bexley Elementary.
Total spending is up 10.4 percent, with much of the added revenue coming from projected enrollment growth of nearly 1,300 students.
The School Board unanimously adopted its budget on Tuesday after a second public hearing. No residents spoke.