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Owatonna School Board certifies maximum preliminary property tax levy for 2026
Summary
The Owatonna School Board voted to certify the maximum preliminary property tax levy for taxes payable in 2026, a 2.24% increase over last year; board and staff described factors behind the rise and outlined next steps including a possible operating levy vote in November.
The Owatonna School Board on Sept. 22 voted to certify the maximum preliminary property tax levy for taxes payable in 2026, approving a levy that represents a 2.24% increase over the district's 2025 levy.
District finance staff told the board the increase stems primarily from an inflationary adjustment to the district's per-pupil referendum amount and from restoring a portion of the long-term facilities maintenance (LTFM) levy the board had under-levied last year. "The maximum levy being presented tonight is an increase of 2.24% over last year's levy," said Mark Stotts, a district staff member who…
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