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Board hears truth‑in‑taxation report as proposed levy rises about 5.8%
Summary
District finance staff presented the preliminary 2024 payable 2025 levy and budget, reporting a proposed levy of $66,000,139 (an increase of about $3.6 million, ≈5.83%) and outlining how state aid, referendum levies and property values affect local taxes.
Marie, a district staff member presenting the truth‑in‑taxation report, told the Stillwater Area Public Schools board the district’s proposed levy for taxes payable in 2025 totals $66,000,139 and represents an increase of roughly $3.6 million, or about 5.83%.
She said state aid remains the largest single revenue source for the district and described the revenue mix for the preliminary budget: state aid between about 56% and 65% of revenue by different measures, levy revenue roughly…
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