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School board reports $1M revenue jump after pipeline settles delinquent taxes; approves permanent appropriation
Summary
The board heard a financial update showing nearly $8.9 million received year-to-date — up about $1 million from last year — largely because the Rockies pipeline paid previously contested property taxes; the board approved the district's permanent appropriation for fiscal year 2025.
The Local School Board received a financial update showing the district has collected almost $8.9 million in the first two months of the fiscal year, up from about $7.8 million at the same point last year, a roughly 13% increase driven primarily by a one‑time payment related to the Rockies pipeline’s delinquent property taxes.
Board Treasurer reported that the increase reflects settlement of contested property valuations by the pipeline, which led to a payment this August that covered previously underpaid taxes. The treasurer said staff will meet with forecasting staff in Columbus and the county auditor…
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