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Blue Valley Board approves publication to exceed revenue-neutral tax rate, schedules Sept. 8 hearings
Summary
The board voted to publish its intent to exceed the revenue‑neutral rate and set a Sept. 8 hearing; finance staff said keeping the mill rate flat with rising assessed valuation would yield roughly $6 million in additional local revenue and an estimated $97 annual increase for an average $650,000 home.
The Blue Valley Board of Education on Aug. 11 approved publication of the district’s notice of intent to exceed the revenue‑neutral tax rate and separately approved the publication of the 2025–26 budget hearing notice. The board set the revenue‑neutral hearing for Sept. 8 and the budget hearing to follow at the same meeting.
CFO Jeremy McFadden explained the statutorily required revenue‑neutral notice, the Johnson County assessed‑valuation estimate used in the computation (approximately a 3.8% district‑wide increase), and the district’s proposed mill rates. McFadden said the district is proposing total taxes levied of roughly $159.7 million with a proposed mill rate essentially…
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