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Hillsboro board hears two levy options: $4.81 rate would trigger Truth in Taxation hearing
Summary
Superintendent Powell presented two preliminary 2024 levy scenarios: a full-rate $4.81 (8.35% increase) that would trigger a Truth in Taxation hearing and a $4.68 under-levy option to keep increases under 5%; the board will decide in December.
Superintendent Powell presented two preliminary tax-levy options to the Hillsboro CUSD 3 board on Nov. 12. The first option would collect the full rate in unrestricted funds, producing a tax rate of $4.81 — an 8.35% increase that would require a Truth in Taxation hearing. The second option would under-levy in Tort and Social Security to lower the rate to $4.68 and keep the increase under 5%, avoiding the hearing.
Powell told the board the district will take action on the levy at the regular December meeting; the minutes do not record which option the board favors. The board did not take a levy vote on Nov. 12.
