Paradise Valley board approves proposed $483 million FY 2025–26 budget and schedules truth-in-taxation hearing

The Paradise Valley Unified School District Governing Board on June 5 approved the district's proposed fiscal year 2025–26 expenditure and revenue budget and scheduled a required truth-in-taxation public hearing for the June 19 meeting.

The proposed budget, presented by budget director Missus Berrigan, lists total budgets across funds at about $483,000,000 and includes an adjacent-ways levy of $1,075,000 to fund pavement and ingress/egress improvements adjacent to district properties. The board approved the proposed budget by unanimous voice vote of members present; a final adoption vote is set for the June 19 meeting, which is required before the July 15 statutory deadline.

The proposed levy will appear in the required newspaper notice for truth in taxation. The notice lists a $2.23 increase per $100,000 of assessed home value compared with a pre-1997 baseline of $0, but the district's presentation clarified that the change reflects a net decrease of…