Ringgold Approves Preliminary Budget

May 12, 2022 4:06 am

The Ringgold School Board approved their preliminary budget for the 2022-2023 school year on Wednesday night. The budget amount adopted is $51,537,045. That amount will include a 4/10 mill increase in taxes for the residents of the Ringgold School District. What that means is that the average home assessed at $111,000 in the district will pay an additional $44.50 per year in taxes. Superintendent Randall Skrinjorich pointed to rising costs of energy as a big culprit in the increase of taxes. He also pointed out that they are one of the few school districts that do everything in house and those contractual obligations contributed as well. Skrinjorich also called out the commonwealth for being one of the states with the lowest dollar contribution per student causing the local school boards to force local residents to be the ones to foot the largest portion of the budget. The final budget will be approved at the June school board meeting.