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Annandale school officials present $7.1 million levy for taxes payable in 2026; board reviews budget
Summary
At a Truth in Taxation presentation, district staff said the total levy for taxes payable in 2026 will be $7,098,263, a $1,068,297 (17.72%) increase from 2025; staff explained how state formulas and voter-approved levies affect homeowner bills and reviewed the preliminary budget and fund balances.
Speaker 3 presented the district's Truth in Taxation materials and said the total levy for taxes payable in 2026 is $7,098,263. The presentation walked through state requirements, how the levy is a fixed amount under state formulas and voter referendums, and how changing property values affect individual taxpayers' shares of that levy.
Speaker 3 explained that the levy is allocated across tax-capacity and market-value categories and noted an exception for agricultural land and cabins, which do not pay taxes on market value. He illustrated how the county tax statement will show levies grouped…
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