Columbia Board of Education approves property tax rate increase
COLUMBIA, Mo. (KMIZ)
The Columbia Board of Education on Wednesday morning approved its property tax rate increase of $0.007.
According to the district, most homeowners will notice a property tax increase of $140.
The tax is expected to bring more than $4 million in revenue.
The chief financial officer for the district said this money will go towards a fund which will pay teachers and other certified individuals working in the district.