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Financial adviser outlines levy options and tax impacts; board hears $7M‑a‑year scenario
Summary
Financial adviser Ellers & Associates briefed the board on referendum and capital project levy options, presented revoke‑and‑replace and stepped approaches and showed an example $7M additional‑revenue scenario with an estimated $32/month tax impact on an average $525,000 home.
Ellers & Associates senior municipal adviser Matthew Hammer told the board the district has limited local options to generate operating revenue and walked the board through common ballot constructs on April 21.
Hammer outlined two common voter‑approved revenue sources: operating referendums (per‑pupil authority) and capital‑project levies (tax‑rate funding typically used for technology,…
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