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Rochester school board hears 4.8% rise in taxable value as budget hearing begins
Summary
At a truth in taxation and budget hearing, district staff told the Rochester Community School District Board that taxable values rose about 4.8% year-over-year and reviewed millage rates, the millage reduction fraction, and a $9,608 local foundational allowance for 2024-25; the board approved the meeting agenda 6-0.
The Rochester Community School District Board of Education convened a truth in taxation and budget hearing on the district's revenue outlook and tax assumptions. The board approved the meeting agenda 6-0 before hearing a presentation from district staff.
Mr. McDaniel, a district presenter, said the district's 2025 taxable values rose by about 4.8% compared with a 6.6% increase the…
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