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Milton School District approves $21.7 million tax levy after budget preview
Summary
The School District of Milton approved a $21,695,781 tax levy for 2025 after a financial presentation showing a projected general fund balance of $12.3 million and a $42.6 million outstanding debt balance tied to the 2019 capital referendum.
The School District of Milton approved a total tax levy of $21,695,781 for 2025 on a voice vote at its annual meeting June 30. The levy includes $16,111,300 for current operations, $5,146,100 for referendum-approved debt and $438,381 for community services.
Ross, who presented the district's financial report, told the meeting the district projects a general fund balance of $12,300,000 at year end, roughly the district's target range (20%–25% of operating budgets). He said that after payments in the last fiscal…
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