Truth in Taxation hearing held in Virginia

A presentation of the 2023 levy was given by Superintendent Mekelle Neatherly. She discussed that for fiscal year 2025, the ISB will see less money coming in and the reimbursement rate for transportation cost was at 71 percent right now.  The school district has four CD’s coming due, two in June and two in July. With little more discussion held and no public comment, the Truth in Taxation Hearing was adjourned and the regular board meeting started.