King City School Board Holds Levy Hearing

King City’s School Board approved their tax rate for the 2021-22 season during a meeting held Monday. King City’s tax rate will be $4.70 per hundred dollars of assessed valuation. The levy breakdown includes $3.94 in the Incidental Fund, $0.51 in the Debt Service fund, and $0.25 in the Capital Projects Fund. The projected revenue from the levy is $2.4 million dollars.

King City’s board also approved their tuition rate of $13,339. That is the figure used for per pupil cost of education used for the Annual Secretary to the Board Report.

King City’s board agreed to move Classroom Trust Money to Fund 4 at the session.