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Sioux Falls School Board approves 10-year opt-out adding $2.1 million for taxes payable 2026
Summary
The Sioux Falls School District 49‑5 board voted to adopt a 10-year opt-out resolution to raise $2,100,000 beginning with taxes payable in 2026. Board materials say the opt-out follows a finance group recommendation to use a laddered approach and maintain contingency funds; the resolution includes the statutory right for a citizen referendum.
The Sioux Falls School District 49‑5 school board voted Monday to adopt a 10-year property tax opt-out that will add $2,100,000 starting with taxes payable in 2026.
The board approved a resolution stating it is “unable to operate under the tax limitation measure currently in statute in the general fund” and opting out of the limitation for the district by the stated amount. The motion was approved by voice vote after a motion and second; the chair said “That resolution is adopted.”
The board presentation said the opt-out follows recommendations…
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