School districts handling LGC refunds differently
School districts around the state are receiving notices of refunds. In the Gilford and SAU 2/Inter-Lakes school districts, part of the refund amounts go back to district employees, and a portion is going back to the school district, and then to the taxpayers in reductions of the school portions of tax rates.
SAU 2, which includes Inter-Lakes and Ashland schools, is taking a “premium holiday” with its $409,009 refund, according to Assistant Superintendent Trish Temperino.
Officials are still tabulating the breakdown of the district’s credit from 2010, but from 2011, $112,604 will be credited to tax rates next year, Temperino said.
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