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Piper USD 203 board votes to exceed revenue-neutral tax rate after public hearing
Summary
At a Sept. 8 public hearing, the Piper USD 203 Board of Education adopted a resolution to exceed the revenue-neutral tax rate for the 2025–26 budget, voting 6–0 after hearing public opposition and staff explanation of how state aid and assessed valuations interact.
Piper USD 203’s Board of Education adopted a resolution Sept. 8 to exceed the revenue-neutral tax rate for the 2025–26 budget, voting 6–0 after a public hearing and staff presentation.
The board’s vote came after Kim Buckner, Director of Business for Piper USD 203, explained the district’s view of how a revenue-neutral rate operates for school taxing. “Revenue neutral rate is the no-levy that would bring in the same property tax revenue as last year,” Buckner said, and she added that because state aid falls as assessed valuation rises, adopting the revenue‑neutral rate can reduce total school revenue.
Buckner told the board that assessed valuation in the district rose about 9 percent and that adopting the revenue‑neutral rate would reduce state capital outlay aid for the district’s capital outlay fund by an estimated 61 percent in that fund, producing an approximate 8 percent total revenue decrease in the example…
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