District lowers taxes

The tax levy for Sisters schools will drop by 23 cents per $1,000 of assessed valuation for fiscal year 2002-2003.

According to financial officer Diane Shelly, the savings comes in large part from refinancing bonds from the original Sisters High School.

The savings translates to $46 on a $200,000 home.

The district's current permanent tax rate is $4.0997 per $1,000 with a 75 cents per $1,000 local option levy.