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School Board adopts tentative 2025–26 millage rates and $1.1168 billion tentative budget
Summary
At a public hearing the School Board voted 5-0 to adopt tentative millage rates totaling 6.296 mills and a tentative budget of $1,116,803,560 for fiscal year 2025–26; officials presented taxable-value changes, rollback-rate comparisons and projected uses for a voter-approved 1 mill.
At a public hearing, the School Board voted 5-0 to adopt tentative millage rates totaling 6.296 mills and a tentative budget of $1,116,803,560 for the 2025–26 fiscal year. The action followed a presentation from Chief Financial Officer Michelle Thomas and formal motions from board members.
The vote covered four separate millage components the board is required or authorized to set: a required local effort of 3.048 mills, a discretionary operating millage of 0.748 mills, a discretionary local capital improvement millage of 1.5 mills and an additional voted operating mill of 1.0 mill. Superintendent Dr. Prince recommended adoption of each rate before the board moved and approved them unanimously.
Thomas told the board the district budgets at a 96% collection rate and noted the taxable value used for calculations. Using the property appraiser’s data,…
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