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Aurora West reports stronger property valuations, shrinking bond levy and larger fund balances in FY25 Q3 update
Summary
Ryan Ebranson, the district director of finance, told the Aurora West USD 129 board that equalized assessed valuation rose about 12.5% and the district’s bond levy will decline, contributing to an expectation that tax bills overall will be relatively flat next year.
Aurora West USD 129 received an FY25 quarter‑three financial update on May 19 that showed strong property valuation growth, larger fund balances and a projected flattening of tax bills next year as bond payments decline.
Ryan Ebranson, director of finance, told the board the district’s final equalized assessed valuation (EAV) increased about 12.5% and "that’s actually the largest increase we've seen in a long time." He said the valuation growth has put "downward pressure" on the tax rate, which he reported at about 4.59 percent.
Ebranson said most homeowners in the district would see valuations rise roughly 10–12 percent this year; he added that total tax bills "will be up generally about between 2–3%" for many…
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