District Maintains Rollback of Residential Operating Rate
The School District of Clayton's Board of Education approved the 2021 tax rate at its Sept. 29 meeting. The residential rate will decrease from $4.1527 to $4.0373, while the commercial rate will increase slightly from $4.7354 to $4.7658. In keeping its promise made during the 2019 Prop E campaign, the residential operating rate includes a 15-cent voluntary rollback in order to only collect the additional revenue that was projected in the original request for an operating levy increase.
A "voluntary rollback" is a term used to describe the action taken by a taxing body such as a school district to not levy or charge the fully approved and taxpayer authorized tax rate.