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Central Valley SD presents final 2025-26 budget, proposes tax and homestead-exclusion measures
Summary
At its June 11 workshop, the Central Valley School Board presented a final general fund budget for 2025-26 showing $46.62 million in revenues and $47.18 million in expenditures and outlined supporting tax resolutions and a homestead/farmstead exclusion effective July 1, 2025.
Central Valley School Board finance chair Mr. Ambrose outlined the district’s proposed final general budget for the 2025-26 school year at the June 11 workshop meeting, showing $46,621,225 in revenues and $47,176,479 in expenditures.
The budget presentation included several supporting tax and revenue measures the board was asked to approve for 2025-26: a real estate tax at 10.7783 mills (an increase of 5 percent, or 0.5132 mills, described in the presentation as about half a mill); a local services tax of $5 per person; an earned income wage tax of 1 percent…
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