A significant increase in Corporate Personal Property Replacement Tax, or CPPRT, is fueling a very strong Fiscal Year 23 budget for Clinton Schools.

Assistant Superintendent Drew Goebel told the Clinton Board of Education Tuesday night at its regular monthly meeting the CPPRT numbers are going to allow them to put away nearly a million dollars.

According to Goebel, the district can keep its tax-levy steady and increase its revenues because property values continue to increase. He points out the Clinton district has one of the lowest levies in the area.

Goebel is pleased because, after teacher salaries, which include raises for nearly all staff, they are still coming out significantly ahead.

Superintendent Curt Nettles told the Board, in addition to the tax base increasing thanks to property values going up, the district's agreement with the power plant is going to be a big boost in covering increasing expenses.