ST. LOUIS, Mo. (First Alert 4) - The Parkway School District sent a letter to families on Thursday addressing its loss from the Senior Citizen Property Tax Freeze.

According to the district, the freeze will result in a loss of approximately $2.4 million in operating revenue next school year, along with $375,000 in debt service funding used to pay off bonds.

“For now, we believe we can manage this impact without reducing staff. Parkway has a long history of balanced budgets and fiscal responsibility, which has helped us maintain a AAA bond rating – the highest rating a school district can receive. We also intentionally built a healthy fund balance for times like this. It will help us absorb initial losses and continue providing high-quality teaching, safe schools, and strong learning oppo

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