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Pleasant Valley presents proposed 2025–26 levy decrease; board passes budget‑guarantee resolution and approves warrants
Summary
At a public hearing, district staff reported a proposed decrease in total property taxes and a lower levy rate for fiscal 2025–26; no members of the public spoke. The board later adopted a budget‑guarantee resolution under Iowa Code 257.14 as a precaution and approved a series of fund warrants presented in the consent agenda.
District business manager Clinton Smith presented the public hearing on the proposed property tax levy for fiscal year 2025–26, saying the district would levy less in total property taxes next year than in 2024–25 because the district’s cash balances exceed the state threshold that allows a cash‑reserve levy.
Smith reported totals shown on the county notices: the district’s fiscal 2024–25 total property taxes levied were $28,822,306 and the proposed total for fiscal 2025–26 was $27,724,139. He said the operating levy rate would decline from about $13.46 to about $12.24 per $1,000 of taxable valuation. Smith opened the floor for the public hearing; no members of the public asked to speak, and the board closed the hearing.
Later in the meeting the board approved a budget‑guarantee resolution under Iowa Code section 257.14 as a precaution if the governor did not sign the legislature’s agreed supplemental state aid (SSA) increase. Administration said the 2% SSA had been passed by the legislature and was expected to be signed, but if final SSA were 1.77% or lower the district could fall into the state budget guarantee; the resolution preserves the district’s right to levy property taxes should that scenario occur. Board members noted this would be funded entirely with property taxes if invoked.
Votes at a glance (consent and warrants) - Approved consent agenda (minutes, personnel, agreements): motion approved. - General Fund warrants: $469,927.68 — motion to issue warrants approved. - Nutrition Fund warrants: $142,334.46 — approved. - Elementary/Junior High Activity Fund warrants: $2,616.20 — approved. - High School Activity Fund warrants: $60,520.44 — approved. - Management Fund warrants: $34,815.86 — approved. - Capital Projects Fund warrants: $13,093.11 — approved. - PEPPOL (plant & equipment levy) Fund warrants: $32,521.06 — approved. - Student Construction Fund warrants: $606.61 — approved. - Internal Service Fund warrants: $356,243.57 — approved. - Trust Fund warrants: $1,455.25 — approved.
Administrative note and next steps Clinton Smith and other administrators emphasized that the budget‑guarantee resolution is a precautionary measure and said they expect SSA at 2% to be signed; if the governor returned a different figure the district would reassess and notify taxpayers as required.
Ending The public hearing closed with no speakers. The board completed the finance items and moved on to personnel and other business.
