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Board approves referendum tax levy resolution and 40/40/20 spending plan; sets 24-cent maximum levy
Summary
Trustees approved a referendum tax levy resolution that would allow a maximum 24-cent levy and a spending plan allocating roughly 40% to teacher support, 40% to academic programs and 20% to student safety and health, based on an estimated $2.899 million in revenue; vote 6-0.
The Culver Community Schools Corp board voted 6-0 to approve a referendum tax levy resolution and a preliminary spending plan that, if passed by voters and finalized with county auditors, would allow a maximum levy rate of 24 cents and is projected to yield about $2,899,000 over the levy term.
Karen, a district staff member presenting the plan, summarized the proposed distribution: approximately 40% for attracting and retaining teachers (about $1.16 million), 40% for academic and support programs (about $1.16 million), and 20% for student safety and health (about $580,000). Karen corrected an initial figure during her presentation, saying, "I'm sorry, I said it wrong, 2,899,000 dollars." She emphasized that final tax-impact numbers (median assessed value and tax bill increase) will be calculated with county auditors and that the Department of Local Government Finance (DLGF) will review the levy before it takes effect.
Why it matters: If approved by voters and confirmed by auditors and the DLGF, the levy would provide multi-year funding targeted at teachers, programs and safety. The board set a maximum levy rate but stressed that the district may not levy the full amount every year.
Board members approved the resolution and spending plan by voice vote. Administrators noted that they will return with finalized tax-impact estimates once they coordinate with county auditors.
