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North Polk board holds required public hearing on proposed fiscal 2027 tax levy; tax rate edged down six cents
Summary
At a required public hearing, district finance staff explained a proposed FY27 property tax rate of $18.71339 per $1,000, a six-cent reduction from the current rate, while noting a $475,000 levy to prepay a bond and rising general-fund pressures from insurance, health care and stagnant state aid.
The North Polk Community School District held a public hearing on its proposed fiscal 2027 property tax levy, during which district finance staff walked trustees and residents through the district’s mailed notice, enrollment and valuation assumptions, and drivers of budget pressure.
Chris, the district finance staff member who led the presentation, said the proposed tax rate is $18.71339 per $1,000 of taxable valuation, down from the current $18.77263. He told the board the district plans to levy $475,000 this year to prepay a general-obligation bond, a move that will lower long-term interest costs by…
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