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CFO reports sales‑tax boost as board approves 2025 tentative levy on consent
Summary
Chief Financial Officer Rick Cunningham told the board the district is 33% through the fiscal year and projected a sales‑tax increase of more than $500,000; the board approved the 2025 tentative tax levy as part of the consent agenda Nov. 19.
Chief Financial Officer Rick Cunningham presented the Treasurer's Report and tentatively framed the district's levy request during the board meeting on Nov. 19. "The District is 33% of the way through its fiscal year," Cunningham said, and he noted two insurance payments due in November and that the district's revenues are currently behind projections. He told the board the sales‑tax tracker showed an increase for August and that the district was "projecting over a $500,000 increase."
Cunningham presented comparative levy information (estimated limiting rates for tax‑levy years 2024 and 2025 were recorded in the materials). The board approved the 2025 Tentative Tax Levy as part of the consent agenda (vote recorded: Stewart, Lonergan, Pool, Leonard, Wilson, Beard all voting yea). The minutes state the district is subject to PTELL limits when finalizing extensions.
