A rise in property taxes may bring the Sonoma Valley Unified School District some unexpected money – about a $1 million surprise.
At Tuesday night’s school board meeting, John Bartolome, the district’s business manager, told the board that he received word from the county that this year’s property taxes should rise 7 percent, which would mean about an additional $1 million in revenues for the district.
“We haven’t seen an increase that high in several years,” Bartolome told the board.
During the economic downswing over the last few years, the county has been telling school districts to budget anywhere from a negative figure to about a 1 percent increase in property taxes.
“Last year, they (the county) told us about 1 percent,” he continued. “We were bullish with 2 percent. Seven percent is a big surprise. When I did the math, it’s a big deal.”