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Board approves 2025 official tax rate at $0.9182
Summary
After a public hearing, the board approved maintaining the 2024 tax rate of 0.9182 for tax year 2025; administrators said the rate splits to 0.7552 for maintenance and operations and 0.1630 for interest and sinking, and noted a possible November ballot change to the homestead exemption that could reduce taxable bills for some homeowners.
The board of trustees voted Sept. 9 to adopt an official tax rate of 0.9182 for tax year 2025, the same rate the district charged in fiscal 2024. The vote followed a public hearing in which district staff presented the rate recommendation and a review of recent valuation changes. "We are now proposing that we maintain the same tax rate as fiscal year 2024, and so that would be actually 0.9182," the district presenter said.
The recommendation matters because the adopted rate determines property tax revenue available to the district next year; administrators said the 0.9182 rate breaks…
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