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Superintendent outlines revenue-neutral rate options and capital outlay tradeoffs
Summary
Administration presented draft revenue-neutral calculations showing current combined mills at about 53.128 and an illustrative capital outlay at 8 mills generating roughly $367,764; the board agreed to revisit mill-rate decisions during August/September budget sessions.
District administration presented draft revenue-neutral calculations and discussed capital outlay options at the July 8 meeting.
The superintendent said the district's FY26 combined mills were about 53.128 and that, depending on capital outlay choices, a change to 8 mills could produce an estimated $367,764 in local tax revenue (illustrative figures: 7 mills ≈ $321,700; 6 mills ≈ $275,823). He emphasized the numbers were preliminary and that the board would take formal action at the September budget hearing after an August presentation and public notice.
Board members asked whether capital-outlay decisions should be set before finalizing bond language; trustees discussed moving some items from bond verbiage into capital outlay to align messaging to voters. The superintendent noted he would submit the current draft to the county clerk by the July 20 notice deadline unless directed otherwise.
