The Beloit School Board approves a $105 million budget. Assistant Superintendent of Business Services Janelle Marotz says the tax rate will remain flat at $11.56 per $100,000 equilized value for the third year in a row. The district is exceeding state revenue caps by more than $5 million dollars by suing the allowable exemption for energy efficient maintenance. Marotz says this should save money in the long run.