School directors have ap-proved a 2013-14 district budget that sets the tax rate at 16.2175 mills -- a reduction of 3.66 mills from the previous rate of 19.88 mills.
The district made the reduction in order to remain "revenue neutral" following the recent reassessment. Revenue neutral is a term that dates to a 1986 tax reform act in which estimated increased revenue from reassessments is to be offset by other tax reductions so that there are no tax windfalls.
According to the district's reassessment data from Allegheny County, its 2012 real estate assessed value was $1.7 billion. With a 19.88 millage rate, district taxpayers paid $34.69 million in taxes. For 2012-13, the district's assessed real estate value was $1.27 billion, less the anticipated $92.52 million expected reduction in assessed value because of appeals and less $ 34.50 million for new construction.
• The district is planning an auction this summer of items that have been stored in the tunnels under the high school/middle school in Collier.
The area has long been a depository for unused or infrequently used maintenance materials and furniture, but the recent discovery of an old brass bell has prompted interest in its origin. Some speculate the bell may have at one time topped a former schoolhouse.
Anyone with information about the bell should contact the district. No date has been set for the auction.
The tennis courts at the high school and middle school complex in North Fayette are closed for resurfacing.
The project began on June 13 and is expected to continue for approximately six weeks. The courts are expected to reopen prior to the start of the new school year.