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Board adopts 2025 tax levy of $13.15M and approves supplemental levy tied to bonds
Summary
Trustees voted unanimously to adopt a 2025 tax levy of $13,146,900 (noted as a 4.0% increase) and approved a supplemental levy to cover debt service; board materials noted the legally applicable increase is limited by CPI (reported limit 2.9% without new EAV growth).
The Board of Education voted to adopt a 2025 tax levy of $13,146,900 and to approve a supplemental tax levy related to outstanding bonds. Trustees discussed levy mechanics, noting the statutory cap is the lesser of CPI or 5%; minutes state the district's 2025 levy is limited to a 2.9% increase absent significant new equalized assessed valuation (EAV) growth.
Board members said the chosen levy amount would allow the district to capture anticipated revenue up to projected EAV growth. The board also approved a resolution authorizing participation in property tax proceedings to defend assessments and prevent reductions in tax revenue. "The levy is governed by many complex rules and laws," the minutes state; the motions to adopt the levy and the supplemental levy passed unanimously.
