Preliminary budget: Ralston sees small levy decrease as valuations rise, but Kellogg’s site poses future risk
The district’s preliminary budget shows certified valuations that enable a roughly 4.5¢ reduction in the levy this year; board members cautioned that potential sale/repurposing of the Kellogg’s plant and equipment removal could reduce future valuations and revenues.
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Speaker 2 delivered the district’s preliminary budget overview, reporting newly certified valuation numbers and noting a modest real-growth percentage (0.09%). He said higher valuations this year allow the district to reduce the levy by about 4.5¢ while maintaining existing savings.
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