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District officials warn sweeping legislative tax and funding changes could cut local school revenue
Summary
Superintendent and staff delivered a legislative update outlining multiple bills that would shift property tax revenue, change hold-harmless guarantees, and alter school funding streams; staff estimated a potential $14 million loss over three years from tax-policy changes and additional impacts from program consolidations.
Superintendent Horsley and district lobbyist/analyst Todd Haber gave a detailed legislative update during the March 4 meeting, describing multiple bills that could affect district revenue and programs.
Haber summarized proposals that would shift local property-tax receipts into the state general fund (Senate Bill 37), reduce the years used in hold-harmless calculations for guaranteed tax yields (impacting local…
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