Parkway board adopts 2025–26 blended tax rate; rates lowered but revenue expected to grow

Carrie, a district staff member presenting the finance charts, recommended the board adopt the proposed operating levy rates and presented the district's blended tax rate for 2025–26. "This is a decrease in the rate from the prior year, but that does not necessarily equate to a decrease in revenue," Carrie said, explaining that rising assessed values allow the district to lower levy rates while capturing growth. She told the board the district expects about $7,000,000 in additional revenue from assessed-value growth. Carrie presented class-specific rates the board reviewed: residential 3.1636, agricultural 3.5938, commercial 4.9073 and personal property 4.2609, with a blended overall rate of 3.6332. She also said the district's debt service rate has remained unchanged for the past 10 years. Following the presentation, a motion and second were made to adopt the tax rates as presented. The board voted unanimously: Missus Hopper, Mister Kilper, Miss Webb Franklin, Mister Schindler, Mister Seltzer, Mister Spector and Mr. Todd all voted yes and the motion "carries 7 0," the transcript records. The motion to adopt the tax rates passed 7–0. The transcript does not record the names of the board members who moved and seconded the motion. The district presented both operating levy and debt-service information; the debt-service rate was identified as unchanged in the presentation. The board noted the hearing earlier in the evening and thanked staff for answering questions raised during that hearing. Any further questions or appeals would follow the district’s usual post-adoption processes and public records procedures.