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Corvallis budget committee approves $182.6 million 2025–26 budget; levies set
Summary
The Corvallis School District budget committee voted to approve a $182,599,185 budget for 2025–26 and approved tax levies for operations, local option and bonded debt. The vote passed after public and committee discussion about reserves, staffing and program priorities.
The Corvallis School District budget committee approved a $182,599,185 budget for 2025–26 and set the district's tax levies during a meeting of the committee.
The action included a motion to adopt the all-funds budget and a separate motion to levy taxes: a permanent operating rate of $4.4614 per $1,000 of assessed value, a local option levy of $1.50 per $1,000 and a bonded-debt levy amounting to $16,928,011 for debt service.
Why it matters: The budget and levy actions determine the district's authorized spending and the tax rates that will appear on property tax statements. Committee and public discussion leading up to the vote focused on reserves, program reductions and the…
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