(KLZA)-- Humboldt – Table Rock -Steinauer School Board members approved an $8.45-million budget when they met September 14 with a property tax levy increase of a nickel.

The total property tax levy will be 78.088 – cents per $100 of assessed valuation,  up a nickel form last years 73 – cent levy, but is well below the state limit. 

The valuation of the properties within the HTRS District dropped 3.6 percent in the past year from $809-million to $780-million.  

The total budget of expenditures in the next fiscal year is $11,658,546 with a necessary cash reserve of $622,338.