CAC board approves budget with slight tax cut
By Rodney Haas , Staff Writer | Casa Grande Dispatch
SIGNAL PEAK — The Central Arizona College Governing Board approved a $48.7 million budget during its regularly scheduled meeting on Tuesday, calling for a slight tax cut.
The vote was unanimous and included the board’s newest member, Dan Miller. He was appointed on May 11 by Pinal County School Superintendent Jill Broussard to replace Richard Cassalata, who resigned April 1.
The budget, effective July 1, includes a 1 percent increase in spending from the current fiscal year and a 2 percent increase in employee salaries that the board approved in April.
Unlike last year when the board approved a budget that called for a 44 percent increase in the tax rate — a number that was later reduced — the new budget calls for a tax cut of 0.5 percent. The rate per $100 net assessed valuation is expected to go from $2.30 to $2.28.
