Homer Central officials present $50.7 million 2025–26 budget, outline four propositions for May vote

Summary

District officials presented a proposed $50,679,157 2025–26 budget that would raise the tax levy about 3.9%, citing a large health insurance increase. Voters will be asked to approve four propositions at the district budget vote, including a diesel bus lease, library funding, and a new capital reserve.

Homer Central School District officials presented the district’s proposed $50,679,157 2025–26 budget and said it would require about a 3.9% increase to the district’s tax levy.

The presentation laid out how most of the spending increase reflects a 13% rise in health insurance costs — “that’s roughly just under $900,000,” the presenter said — and noted the district will use a combination of a levy increase and reserves to offset only a nearly flat increase in state school aid.

Why it matters: If voters approve the spending limit and the district levies to raise that amount, local property tax bills will be affected differently across municipalities because assessed values and county/state equalization rates vary. District staff gave examples showing the average district impact and cautioned that individual bills can differ: “for a $100,000 home, would be $75 … for a…

Homer Central officials present $50.7 million 2025–26 budget, outline four propositions for May vote

Summary

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