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Colonial board sets FY26 tax rate increase at 7% after debate over reassessment appeals and federal grant risk
Summary
After a lengthy discussion of county reassessment data, appealed parcels and a potential $1.3 million federal grant shortfall, the Colonial School Board voted 6–1 on July 8 to set a 7% operating increase for fiscal 2026.
The Colonial School District Board of Education voted 6–1 on July 8 to set a 7% increase to the district’s operating tax request for fiscal year 2026, citing uncertain collections tied to New Castle County’s reassessment process and potential federal grant shortfalls.
The motion to set a 7% increase was made by board member Christine Smith and seconded by Philip Breeding; the roll call concluded with one “no” vote by Robert Law and the motion carried 6–1.
Chief Operating and Financial Officer Emily Falcon briefed the board on data that continued to change as New Castle County finished reassessment files. Falcon said county corrections reduced the district’s assessed base from earlier estimates and that condominiums and exemption adjustments had been fixed. She also described the…
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