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Board begins levy planning, weighing inflation‑adjusted referendum and tax impacts
Summary
Prior Lake‑Savage Area Schools board discussed operating‑levy options, timeline and tax impacts for a possible Nov. 3, 2026 referendum, including inflation indexing, per‑pupil authority and scenarios that could raise $3.3M to $7.0M; staff noted an estimated $115,000 cost for non‑November mail ballots and recommended a November timeline.
The Prior Lake‑Savage Area Schools Board spent a large portion of its Jan. 12 meeting reviewing operating‑levy options and five‑year forecasts that will shape any decision about seeking voter approval for new revenue. Staff and advisors outlined choices, potential revenue levels and tax impacts on the average home, and recommended pursuing a traditional November election if the board chooses to move forward.
Staff said the district's current voter‑approved operating referendum authority is $6.23.97 per pupil and that the statutory cap is $2,003.98…
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