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Owatonna board approves 5% levy increase after Truth in Taxation hearing
Summary
The Owatonna Public School District board held its Truth in Taxation hearing Dec. 9 and certified a 5% increase in the district school tax levy — a $967,743 rise for taxes payable in 2025 — after staff explained drivers such as prior-year adjustments and long-term facility maintenance bonds.
The Owatonna Public School District School Board on Dec. 9 held its Truth in Taxation hearing for taxes payable in 2025 and voted to certify a 5% increase in the district’s school tax levy, a $967,743 dollar increase, following a detailed presentation from the district’s finance office.
Lori Volz, the district’s director of finance and operations, told the board the levy increase was driven by several factors including a prior-year adjustment, an operating referendum inflation component and changes tied to long-term facility maintenance (LTFM) and related bond activity: “For us this year, Owatonna Public Schools, the increase in the school…
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