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Parkway Announces Public Meeting to Set 2005 Tax Rate

The Parkway Board of Education will hold a public meeting on Wednesday, August 24, 2005 at 7 p.m. at Parkway Central Middle School, 471. N. Woods Mill Road in Chesterfield for the purpose of determining the district’s tax rate for fiscal year 2005-06. Each year by Sept. 1, public school districts are required by law to adopt the current year’s tax rate according to calculations prescribed by the State Auditor’s office. The law provides for limited retroactive adjustments — increases or decreases — each year to reflect various changes that may have occurred since the previous year.