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Board certifies 2025 preliminary levy at $73.98 million; homeowners shown estimated tax impacts

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Summary

The board voted to certify the 2025 payable‑2026 preliminary property tax levy at the statutory maximum of $73,984,619.12; staff reviewed levy components and provided estimated homeowner tax impacts.

The Minnetonka School Board voted Wednesday to certify its 2025 payable‑2026 preliminary property tax levy at the maximum amount authorized by statute — $73,984,619.12 — a 5.45% increase from the prior year. Executive Director of Finance and Operations Paul Bourgeois walked the board through the levy components and estimated tax impacts for homeowners. "This levy that we're looking at . . . will be proposing to levy $29,500,000" for the operating referendum,…

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