Thursday, August 24, 2023
Volume 151, No. 34 - Princeton, MO 64673
FIND THIS INFORMATION AND MORE IN THIS WEEK’S PRINCETON POST-TELEGRAPH
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PRINCETON CITY COUNCIL DISCUSSES LINN PROPERTY - 6
New Princeton softball field taking shape
R-5 board raises levy, makes hires Board approves increase of just under 30 cents, but debt service levy stays set PRESTON COLE Princeton Post-Telegraph
PRESTON COLE/Princeton Post-Telegraph
No activity was going on at the site of the new Princeton softball field late Sunday morning when this photo was taken (it was lunchtime), but a lot of work got done Saturday and Sunday - painting the concession stand/press box/storage building, leveling ground for. concrete between the softball and baseball fields, and other items.
GRM holds meeting, reelects officers Special to the Post-Telegraph
The 2023 Annual Meeting of the stockholders of Grand River Mutual Telephone Corporation, d/b/a GRM Networks, was held Wednesday, Aug. 16, 2023, at the GRM Networks corporate office in Princeton. Directors with terms expiring were Gregg Davis of Chula, Mo., Mark Yungeberg of Princeton, and Ray Meyer of Conception Junction, Mo. They were reelected for three-year terms. Fifty people attended the PRINCETON
meeting at the office and 2,018 were represented by proxy. The Board of Directors elected officers at their regular board meeting held immediately following the Annual Meeting. Elected were Davis, president; Yungeberg, vice president; Bruce George of Allerton, Iowa, secretary; Meyer, assistant secretary; John McCloud of Spickard, treasurer; and Allan Mulnix of Bethany, assistant treasurer. GRM Networks is a member-owned cooperative that provides communication ser-
vices to customers located within a 4,500-square mile area that covers 44 exchanges in northern Missouri and southern Iowa.
PRINCETON Many school boards in Missouri have had to increase their property tax rates this year, in no small part because of reassessment. The Princeton R-5 Board of Education is no exception, and the board voted to do just that during their Aug. 14 meeting. On a unanimous vote, the board set the property tax rate to $5.5432 on the $100 of assessed valuation. That’s an increase of almost 30 cents, from $5.2445 last year. Money from the increase which is actually less that last year’s levy brought in - will go into the incidental fund, which funds the district’s day-to-day expenses. That’s an amount of $4.41. The portion of the total levy that funds capital services and debt service is the same as last year - 18 cents for capital projects and 95.32 cents for debt service.
The state auditor’s office set the debt service tax ceiling at $1.0530, which means the board could, on its own, set the debt service levy at that amount. However, during the 2017 campaign to construct an addition to the elementary building, improve the football and track facility, build an addition to the Stacy Center, and make other campus improvements, that particular school board promised voters that the debt service levy would be set at 95.32 cents. And, it’s never changed since then. Regular session During the board’s regular session which followed the tax levy hearing, the board: • approved the 2023 Comprehensive School Improvement Plan; • approved the local conflict of interest ordinance; and • approved the 2023-24 Local Compliance Plan for special education. After a closed session, it was announced the employment of See Property tax, Page 2
SUBMITTED PHOTO GRM Networks Board of Directors members who were reelected during the company’s annual meeting on Aug. 16, from left: Mark Yungeberg of Princeton, vice president; Ray Meyer of Conception Junction, assistant secretary; and Gregg Davis of Chula, president.
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