The Troy School District board on the regular meeting approved a set of tax-related resolutions, including a directive asking the Miami County auditor to implement a one-year reduction of voted bond levies for tax year 2025 and formal steps to place renewal questions before voters.

District fiscal staff identified as Jeff told the board the county proposal would reduce about 1.26 mills across the district’s two bond issues, producing an estimated $40 per year saving for a homeowner with a $100,000 assessed value and an approximate total community savings of $1,600,000 for the year. "They proposed a reduction of approximately 1.26 mills in total over our 2 bond issues," Jeff said. "Total savings for our community, as a whole, 1,600,000.0." The staff also described the change as a one-year action tied to county planning.

Board members discussed timing and process before voting. The board adopted a resolution declaring the necessity of levying a renewal tax in excess of the 10-mill limitation and asked the county auditor to certify matters needed for ballot placement; staff said final approval and submission to the board of elections will be brought back at the January meeting. The board also adopted a resolution to proceed under the county’s alternative tax document format for preparing tax-year materials instead of a traditional tax budget.

Board members characterized the millage reduction as a limited, temporary reprieve tied to county-level decisions and noted that the board will return in January with paperwork for final approval. Staff cautioned that the timetable for ballot placement means the question must appear by the May or November election calendar to avoid losing tax revenue.

Votes: each resolution received a roll-call vote and passed with affirmative votes from the members present.

Next steps: staff said they will bring final paperwork to the board at the January meeting for formal submission to the board of elections and the county auditor.