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Prior Lake‑Savage Board approves $35.66 million levy for taxes payable in 2026
Summary
After a Truth in Taxation presentation, the Prior Lake‑Savage Area Schools board unanimously certified a $35,661,197.94 levy for taxes payable in 2026, describing the district's revenue mix, per‑pupil funding gap, and homeowner impacts while promising further budget work in January.
The Prior Lake‑Savage Area Schools Board of Education voted unanimously on Dec. 8 to certify the district’s 2025 levy for taxes payable in 2026 at $35,661,197.94.
Director of business services Director Ryder presented the required Truth in Taxation report before the vote, outlining how nearly 80% of district revenue comes from state sources, roughly 14.9% from local property taxes, and the balance from federal and other local revenues. He highlighted a long‑running funding gap: “the gap that you see right now of $1,004.53 per pupil,” which the district says…
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