The Oak Grove R-VI Board Meeting held on September 22, 2025, focused on the district's tax rate for the upcoming years. Mindy, a board member, presented key financial information regarding the district's revenue sources and assessed evaluations.
Mindy reported that 90% of the district's local revenue comes from Jackson County, with smaller contributions from Johnson County and Lafayette. The assessed evaluation for the district increased to approximately $253 million, marking a rise of about $12.5 million from the previous year. This increase was attributed to significant new construction, totaling over $11 million.
Thanks to voter approval in August for a tax levy transfer from debt service to incidental funds, the board was able to set the incidental tax rate at 3.6061. The debt service tax rate was adjusted to 70 cents, resulting in an overall tax levy that remains unchanged from the previous year at 4.7731.
Mindy emphasized that the adjustments reflect the decisions made by voters in the August election, particularly after an earlier proposal in April did not pass. The board is optimistic about recapturing lost revenue through these changes.
The meeting concluded with an invitation for questions regarding the tax levy and rate, indicating the board's commitment to transparency and community engagement in financial matters.