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Board previews 2025 tax levy; plans December vote at 104%
Summary
Staff outlined the levy process and recommended seeking $13,146,900 (a 4.0% increase over 2024) to capture potential EAV growth; board will consider adopting the levy at 104% at its December meeting.
District finance staff explained the tax-levy process and legal limits at the Nov. 13 Board of Education meeting, noting the 2025 levy is constrained by the lesser of CPI or 5%, which staff calculate as a 2.9% cap absent significant new equalized assessed valuation (EAV) growth. Staff said a requested levy of $13,146,900 — described as a 4.0% increase over 2024 — would position the district to capture up to about $12.5 million of new EAV growth, and recommended the board adopt the levy at 104% at the December meeting.
Board members were briefed on related items that will return for December action, including a supplemental levy tied to 2022 reissued bonds and an annual abatement resolution. The board did not vote on the levy on Nov. 13; staff will present formal levy documents and resolutions for adoption in December.
