By STEVEN NALLEY
The Oktibbeha County School District Board will hold a public hearing for its 2012-2013 budget at 5 p.m. Monday at the districtâ€™s main office, followed by a regular monthly meeting at 6 p.m. Monday in the same location, during which the board is slated to discuss lease proposals for the Oktibbeha County Lake.
The district has placed an advertisement saying the proposed 2012-2013 budget has a total projected revenue of $11,223,915.96, with 30.89 percent or $3,467,985 proposed to be financed through a total ad valorem tax levy. This is an increase from last yearâ€™s $11,221,077, 29.53 percent or $3,313,969 of which came from ad valorem taxes, but OCSD Superintendent James Covington said little has changed for this yearâ€™s budget.
â€śThe budgetâ€™s going to pretty much look the same as it looked last year,â€ť Covington said. â€śThe value of a mill is a little bit more this year than it was last year.â€ť
The deadline for proposals for the Oktibbeha County Lake passed on July 31; the deadline was moved from the original May 7 date at the boardâ€™s June meeting. Covington said he is uncertain what will result from the lake discussion Monday.
â€śWe just have to see where it goes,â€ť Covington said. â€śThe board will review any and all proposals, and weâ€™ll go from there. I think it would be in the best interests for the lake to be open to the public.â€ť
The Mississippi Department of Wildlife, Fisheries and Parks formerly held a lease on 407 acres of lake and campground facilities, but the department did not renew its lease after a reappraisal of the landâ€™s value in April. The MDWFPâ€™s 25-year lease stipulated a $2,500 minimum annual payment, but the reappraisal set the landâ€™s value at $100 per acre, requiring substantially higher payment.