The Marshall Board of Education set the 2023-2024 tax rates during a special public hearing on Tuesday, August 29.

Voters approved a tax levy increase of $.99 per $100 assessed valuation in April. Superintendent Caleb Petet stated the new rates reflect that increase.

The new tax rates include:

-Incidental/General Fund $2.91
-Special Revenue Fund $0.00
-Debt Service Fund $0.00
-Capital Fund $.9179 (for a total rate of $3.8279 per $100 assessed valuation.)

The Capital Fund according to Petet is for the construction of the new school expected to begin this fall.