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Mahomet-Seymour board approves tax levy after late EAV update; tort levy trimmed
Summary
The Mahomet‑Seymour Board of Education approved the district's 2025 tax levy after staff reported late updated assessed values that raised overall EAV about 8.9%. Administrators reduced the tort fund levy by roughly $21,500 to hold the tax rate steady and avoid a small increase to taxpayers.
Board members approved the district's 2025 tax levy Dec. 15 after district staff said updated taxable valuations received Friday changed some line items in the levy certificate.
The superintendent presented a certificate that reflected the updated equalized assessed value (EAV). District staff said the EAV rose about 8.9% year over year; to keep the overall tax rate unchanged, staff recommended reducing…
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