Education board asks city for level funding, sales tax extension10:06 am | February 21, 2014
The Elizabethton Board of Education approved its budget request to the city of Elizabethton for the upcoming fiscal year on a 4-1 vote, and also called on city officials to let the system continue drawing on revenues from the half-cent option sales tax.
Superintendent Ed Alexander noted the budget request did not include any operating budget increases in light of the $5 million bond the system received for capital improvements. The city school system has received $2,332,000 as an allocation from the city since the 2001-2002 budget.
Alexander said the only difference requested was that the half-cent sales tax revenue be committed to the school’s capital outlay throughout the repayment schedule for all the current school bonds.
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