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Lakeville board certifies pay-25 property-tax levy after Truth-in-Taxation hearing

Lakeville Public School District Board of Education · December 18, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Following a Truth-in-Taxation presentation and two public commenters, the Lakeville Public School District board voted to certify roughly a $78 million pay-25 levy, a year-over-year decrease of about $281,000 (~0.3%). District staff said the change reflects enrollment shifts and prior-year adjustments.

The Lakeville Public School District Board of Education voted Dec. 17 to certify the districtpay-25 property-tax levy after a Truth-in-Taxation presentation and public comment. District finance director Bill Holmgren told the board the districtlevy is about $78 million and that this year's levy is down roughly $281,000 — about a third of 1% — compared with the prior year. "So unless you have a huge change and you did something to your home that really increased its value, you will not see an increase from the school district," Holmgren said.

The hearing explained how state aid (calculated by the Minnesota Department of…

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