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Board discusses draft resolution to limit tax increase to Act 1 index in exchange for state adequacy funds
Summary
District staff told the board the state conditions receipt of 'ready to learn' adequacy funds (~$3.1 million) on passing a resolution to limit the 2026–27 real-estate tax increase to no more than the adjusted Act 1 index (4.7%). Board members discussed the condition and timing and did not vote on the resolution at the meeting.
District administration briefed the board on a draft resolution (agenda item 6a) that would limit any 2026–27 real-estate property tax increase to no more than the adjusted Act 1 index (listed at 4.7%) as a condition of receiving 'ready to learn' adequacy money from the state.
Administrator Mister August explained that accepting the readiness/adequacy funds (which staff said total roughly $3.1 million for the district) requires the board to pass a resolution not to raise taxes above the state-provided index. Board members discussed the condition, noting that the conditional language is relatively new and that districts historically have stayed within the index. One board member asked for an explanation of why the adequacy amount increased from last year’s approximately $1.6 million to this year’s figure; staff attributed the change to state budget and formula adjustments during the budget process.
No formal vote was taken on the resolution during the meeting; staff indicated the board would vote on the resolution at the next meeting.
