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Mercer County school board keeps property tax rate at 71.6¢ for 2025-26
Summary
The Mercer County Board of Education voted to retain the current property tax rate of 71.6 cents per $100 of assessed value for 2025-26, preserving expected general-fund revenue and current district programs.
The Mercer County Board of Education voted to keep the district’s property tax rate at 71.6 cents per $100 of assessed value for the 2025-26 tax year, approving the motion by roll call during the board’s August meeting.
Board members were presented with the district’s certified assessment and options for rates, including the compensating rate and a 4% increased rate. Finance staff said maintaining the 71.6¢ rate would result in general-fund revenue of about $9,300,000, and that choosing the higher options would change the revenue picture.
Members discussed the district’s recent budget decisions and ongoing programs supported by the current levy, including paying students’ first 15 hours of college tuition and providing free school supplies. A board member urged continuing the current rate to preserve those benefits and noted that the rate remains lower than it was several years ago.
After the motion to keep the 71.6¢ rate was made and seconded, the board conducted a roll-call vote. The motion carried and the board recorded unanimous approval among the members present.
The vote leaves the district tax rate unchanged from the past two years. Staff said they will use the certified assessment and adopted rate to finalize budget planning and revenue estimates for the coming year.
