The Wilson School Board on Monday approved an $87 million tentative budget that would require a 2 percent tax hike. The vote was 5-2.
The budget doesn’t require layoffs, furloughs or any program cuts, said Diane J. Richards, director of finance and support services. To balance the budget, Wilson needs to use $525,000 from reserves to cover higher pension contributions.
The 0.46-mill proposed property tax hike would increase the tax to 23.77 mills. The owner of a property assessed at $100,000 would see a tax bill increase to $2,377 from $2,331.