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Board adopts 2026–27 budget, raises special-education levy slightly
Summary
Spearfish School District 40-2 adopted its final 2026–27 budget and approved a small increase to the special education levy (from 1.338 to 1.383), a change projected to generate about $138,000 for special education services.
The Spearfish School District 40-2 Board of Education adopted its final budget for the 2026–27 school year on June 8, approving a modest raise to the district’s special education levy.
At a final hearing, Mr. Crosswave said updated valuations from Lawrence County prompted the recommendation to move the special education levy from 1.338 to 1.383. He told the board that change would generate roughly $138,000 for the special education fund and illustrated the tax impact as about $4.50 per $100,000 of assessed owner-occupied value. He also noted the district’s total assessed valuation was “almost $3.1 billion,” which affects levy revenue calculations.
The board moved to adopt the budget as presented and voted unanimously in favor. Board members recorded as voting yes included Ryan, Ellen, Eric, Nathan and Alicia.
Nut graf: The adopted budget aligns special education revenues with projected expenditures while reflecting updated property valuations; administrators said the levy change is small in percentage terms but important for funding special education services.
Board discussion ahead of the vote focused on the valuation updates and the process for sending the adopted levy and budget to the county auditor. No amendments to the proposed levy were made during the hearing.
The board’s approval sends the levy and budget to the county auditor for implementation and sets the district’s expenditure plan for the coming school year.
