The Commerce Board of Education is seeking a 1.25-mill tax rate increase due to its declining property tax digest.
The proposed increase would move the school millage rate from 17.75 to 19, which would increase revenues from taxes 4.59 percent or $135,133.
“For two years we knew we were going to have to make some serious decisions. We’ve made reorganization and personnel decisions and now it comes to a decision of increasing the millage rate,” said Commerce City Schools superintendent James “Mac” McCoy. “If we do nothing, we lose an additional $67,399. I don’t think the question is what we do, it’s ‘how much?’”