PETERBOROUGH — The ConVal School Board changed course this week and decided against pursing a plan to close six schools in the cash-strapped district.

“We’re looking at shifting the way we figure out the financial apportionment for each town,” said Kimberly Saunders, ConVal’s superintendent.

The board voted to scrap a proposed warrant article for the March school district meeting that would have started a process to close six schools in the 11-school district. Instead, voters will decide if they want to change to formula to compute tax bills.

Currently, each bill for each of the 11 towns in the district, Peterborough, Antrim, Bennington, Dublin, Francestown, Greenfield, Hancock, Sharon and Temple, is formulated using 50 percent of the average daily attendance, and 50 percent of the town’s assessed value.

The proposed change would see the formula for the school tax bill change to 40 percent for the average daily attendance and 60 percent for the assessed value. Saunders said this change would mean towns with higher property values would pay more.

The district’s board is concerned about the rising budget, which is expected to hit $50 million in the next few years.

In dropping the plan to cut the number of schools, the board also ended a proposal that would have charged towns with small schools, in terms of attendance, a fee to remain open.