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Keystone Oaks board reviews annual tax-index resolution, staff to provide district comparisons
Summary
Finance discussion focused on the annual tax-index resolution (state index 3.5% this year), limitations on exceptions, and a request for comparative data on neighboring districts as the board prepares the budget.
Board finance discussion centered on the annual tax-index resolution the district must adopt to preserve the option of raising taxes up to the state-set index.
A finance speaker (S1, referenced in discussion as "Joe") explained the resolution does not force a tax increase but preserves the option to set rates up to the index; this year the state index baseline was provided as…
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