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Board maintains levy at $2.40; staff outlines capital outlay uses and debt schedule
Summary
District staff told the board they recommend keeping the tax levy at $2.40 per $1,000 valuation, detailed capital outlay purchases planned and summarized bond/refunding history with the final payment scheduled in 2034.
District staff recommended keeping the tax levy at $2.40 per $1,000 valuation rather than increasing it to the $3.00 maximum, citing steady capital outlay balances and a recent rise in district valuation to roughly $555 million. Staff noted that a 5¢ levy increase would raise about $27,752 but did not recommend pursuing that increase at this time.
The board also reviewed capital expenditures planned in the next year, including a one‑to‑one computer upgrade for high school, classroom furniture and lab stools, smart TVs and Promethean boards, Johnson Controls maintenance agreement and facility upgrades. Staff reviewed past debt transactions — original capital outlay issuance in 2014, a refunding in 2018, and remaining payments through 2034 — and reminded members the district could exercise legally allowed flexibilities to move some capital funds to the general fund when necessary.
