Almost three-fourths of the tax revenue collected by the Klondike school district this coming year will go directly to the state, Superintendent Steve McLaren said after the school board approved both a new tax rate and budget during a special meeting Thursday evening.
“We’re going to have a balanced budget,” McLaren told the Press-Reporter. Tha budget will total almost $18. million.
However, McLaren noted that about $13 million of that total will go to the state as part of the “Robin Hood’ recapture program which redistributes revenue from property-rich school districts to property-poor districts.
“We send about 73 percent of what we raise ...