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Chisago Lakes board holds Truth in Taxation hearing; final levy listed at $11.6 million
Summary
At a Dec. 11 Truth in Taxation hearing the district’s business officer reviewed the levy process and numbers and said the proposed final levy remains $11,600,000. Board members discussed enrollment declines and a small decrease in the general-fund levy while noting state aid is falling, leaving a modest funding gap.
Robin, a member of the district business department, opened the Truth in Taxation public hearing and reviewed why the board holds the hearing and what it could do at the meeting: “and then the school board may adopt that final levy at the end of this meeting which is also on the agenda.”
Robin explained Minnesota’s funding system and levy process, noting state law and formulas determine most school revenue and that the district’s levy calculations run across many categories and funds. She said the district’s preliminary figures for the fiscal year under discussion show roughly $59,400,000 in revenue and about $60,000,000 in…
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