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District 186 proposes $129.39M levy estimate, schedules truth-in-taxation hearing for Dec. 1
Summary
Business manager Steve Miller presented the district's cash position, outstanding state payments and a proposed estimated levy of $129,391,117. The board adopted a resolution to publish notice and hold a public hearing on Dec. 1, 2025; the roll-call vote was 7–0.
Business manager Steve Miller presented the district's finance report, including outstanding state payments of $434,506.44 (as of Oct. 27, 2025), capital-project fund balances (ending balance reported at $95,185,644.06 as of Sept. 30, 2025) and sales-tax receipts of $1,337,843 for the June reporting period. Miller described the levy process under PTELL (property-tax caps) and said staff had calculated an estimated aggregate levy of $129,391,117.
Miller explained the district's approach to "ballooning" the levy…
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