Financial impact drops for Luxemburg-Casco School District residents

As the walls go up for new classrooms at its primary school, the financial impact of other referendum related projects is going down for Luxemburg-Casco School District residents. During its last board meeting held earlier this month, the district discussed the strategy and timing for the final borrowing for the referendum projects with its financial advisor. The tax levy rate increase came in at 70 cents per $1,000 of valuation, seven cents less than what was originally forecasted before the referendum was passed in April. Superintendent Glenn Schlender says the referendum projects remain on budget with the groundbreaking for many of the high school projects slated for the late spring.

Schlender added the high school’s FFA chapter and the district are in the preliminary stages of planning a new agriscience building for the campus.

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