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Seaman USD 345 board adopts FY2026 budget, approves exceeding revenue-neutral rate and reauthorizes 33% LOB
Summary
At its Sept. 8 meeting the Seaman USD 345 Board of Education approved a resolution allowing the district to exceed the revenue-neutral tax rate, reauthorized a 33% local option budget percentage and adopted the FY2026 budget with a total mill levy of 51.452.
The Seaman USD 345 Board of Education voted Sept. 8 to adopt the district's 2025–26 budget, reauthorize the local option budget (LOB) at 33 percent and approve a resolution authorizing the district to exceed the state-calculated revenue-neutral tax rate.
Board action came after a public revenue-neutral-rate hearing and staff presentations on estimated mill levies and assessed valuation. The board adopted the FY2026 budget with a total mill levy of 51.452 — slightly below the rate the district sought at maximum during budget development but above the revenue-neutral calculation the state provides for comparison.
The board approved a resolution…
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