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Finance committee: Milton expects stable tax levy as equalized value rises

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Summary

Finance committee reported that equalized value increased and the district expects to keep the total tax levy stable; final 2025–26 budget scheduled for board approval Oct. 27.

The Milton School District’s finance committee told the full board on Oct. 13 that preliminary indicators point to a stable total tax levy for the 2025–26 budget, driven by a larger equalized property value base and increased special education aid.

Tracy, a board member who presented the finance update, said the committee reviewed draft budget assumptions on Oct. 6 and that no formal board action was…

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