Friday, 09 March 2012 05:30

Amador School Board agrees to settle tax revenue suit with Amador County for $548,000

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slide4-amador_school_board_agrees_to_settle_tax_revenue_suit_with_amador_county_for_548000.pngAmador County – Amador County Unified School District board of trustees on Wednesday announced that they had approved a civil court settlement with Amador County that will pay the school district $548,000.

Board President Wally Upper announced that the settlement was agreed to by Trustees in closed session on a 5-0 vote, and made the announcement after the board convened in open session. The County in the settlement agrees to pay the School District for funding that the District sued in court saying it was owed by the County from fiscal year 2009-2010. Upper said the County will pay us in 12 days from the signing of the agreement.

As part of the agreement, the school district, after receiving payment will withdraw its civil suit against the County. The district filed a civil petition Dec. 29, 2011 in Amador County Superior Court alleging that the County incorrectly allocated property tax revenue for the 2009-2010 school year. The suit sought $1.3 million dollars in reimbursement. After the county pays the $548,000, within five days of the payment, the District agreed to file a dismissal of the litigation, with prejudice.

Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.

Read 535 times Last modified on Monday, 12 March 2012 06:59
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