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Cedar Springs board reviews 2025-26 budget outlook, explains truth-in-taxation rollback
Summary
Board finance staff presented final 2024-25 amendments and the proposed 2025-26 budget, citing a Headlee rollback factor of 0.9956 that reduces potential millage revenue; administration plans to ask the board to adopt L-4029 forms after the budget hearing.
Business officials for Cedar Springs Public Schools told the board on June 9 that the district will ask trustees to adopt the L‑4029 property tax forms after the budget hearing, and walked trustees through the final 2024–25 budget amendments and the administration’s proposed 2025–26 budget.
The presenter said audited state-aid membership for the 2024–25 year was 2,996 full‑time equivalencies and described a Headlee rollback calculation that produced a rollback factor of 0.9956. "By rolling back the millage rate on an annual basis, the…
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