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Richfield board certifies $34.63 million levy after Truth-in-Taxation hearing
Summary
After a mandated Truth-in-Taxation presentation, the Richfield School Board voted to certify a $34,629,964.55 levy for taxes payable in 2026; officials said average home school taxes are projected to be essentially flat and described several levy drivers including prior-year adjustments and debt-service abatement.
The Richfield School Board certified a final levy of $34,629,964.55 for taxes payable in 2026 following a mandatory Truth-in-Taxation public hearing on Dec. 1.
Craig Holzke, presenting the district's Truth-in-Taxation materials, described Minnesota's funding framework and said the district's general-education formula allowance for 2025'26 is $7,481 per pupil, a 2.75% increase from the prior year. Holzke told the board that while some state funding…
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