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Board approves tax-abatement resolution tied to bond debt service
Summary
Trustees approved a resolution to abate the 2025 tax levy used to pay debt service on general obligation school bonds; the motion passed unanimously with Mike Alexander moving and Brady Schlueter seconding.
The board approved a resolution abating the tax heretofore levied for the year 2025 to pay debt service on General Obligation School Bonds. The motion was made by Mike Alexander and seconded by Brady Schlueter and passed on a 7-0 recorded vote.
The transcript records that the purpose of the resolution was to abate the 2025 levy for payment of bond debt service; no additional background on bond terms, amounts, or impacts on the district budget was provided on the record. The board took this as a formal action item under new business and recorded the unanimous vote.
