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North Hills Board keeps tax rate at 20.37 mills, adopts $100.1 million general fund budget
Summary
The board approved Resolution 2025‑01 keeping the 2025 tax rate at 20.37 mills, approved the homestead/farmstead exclusion, and adopted the 2025–26 general fund budget with estimated revenues and expenditures of $100,117,355.
The North Hills Board of Education on June 5 approved a tax rate of 20.37 mills for the 2025 tax year, adopted the 2025–26 general fund budget, and approved the homestead/farmstead exclusion as presented by district finance staff.
The actions set the district’s property tax rate and finalize the budget and tax‑relief mechanics voters and taxpayers will see for the coming fiscal year.
Mrs. Elwood (Finance presenter) presented the finance recommendations and explained that the tax rate resolution — Resolution 2025‑01 — “remains unchanged from the ’24, ’25 rate.” She said district property valuation decreased “approximately 22,000,000 or point 7%,” and that with the tax rate unchanged “real estate tax revenues, net of the tax relief for homestead exclusions, will decrease approximately…
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