(KLZA)-- The Mound City Board of Education approved and verified the property tax rate for the next fiscal year when they met August 21.
The tax rate will be $4.06 per $100 of assessed valuation. Just over $3.44 will go into fund 1 and 62.24 – cents will go in the capital improvement fund.
In Missouri, ag land is taxed on 12 percent of its valuation, residential property at 19 percent; commercial and personal property is taxed at 32 percent of its valuation.
Board members approved a policy dealing with the medical marijuana law. The policy prohibits any employee other than a caregiver for administering medical marijuana to students and it would need to be administered at home when least likely to affect school behavior.
Policy 4870, the Drug Free Workplace policy adds the prohibition of medical marijuana.
High School Principal Korey Miles reported there are 89 students enrolled at Mound City High School for the start of the school year.
© Many Singals Communications
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