Thursday, May 10, 2012

Municipal School Election to be set August 2, 2012

The Lakeland Board of Commissioners are considering adopting an Ordinance for a referendum on creating a Lakeland Municipal School District on August 2, 2012.  Agenda is at Lakelandtn.gov or CityofLakeland.com.

The referendum on raising the local option sales tax to 2.75% (a 1/2 cent increase) is also set for August 2, 2012.

If adopted at the special meeting, the Public Hearing on the Ordinance will be Tuesday, May 22, with the second and final reading scheduled on May 29 or after.

The creation of a Municipal School District also requires that the City of Lakeland contribution 15% of our assessed taxable valuation (approximately $500,000) to the Lakeland Municipal School District.

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