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Grain Valley R-V board sets 2025 tax levy at $4.7396 after brief public hearing
Summary
School board approved a 2025 tax levy of $4.7396 per $100 assessed valuation after a tax rate hearing that showed assessed valuation rose $28.8 million year over year and new-construction revenue of about $838,600.
The Grain Valley R-V School District Board of Education on Monday approved a 2025 tax levy of $4.7396 per $100 of assessed valuation following a public tax-rate hearing.
Dr. Gooch, a district staff member who presented the tax figures at the hearing, told the board the district’s assessed valuation for 2025 is $588,046,554, an increase of $28,755,696 from last year’s $559,290,858. "This year's new construction was very high," Dr. Gooch said, reporting $24,379,777 in new construction value that he…
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