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Budget committee sets permanent tax rate, approves $2.35 million debt levy
Summary
The committee approved a permanent tax rate of $4.0519 per $1,000 of assessed value for operating purposes and levied $2,350,290 for bond principal and interest for FY 2026–27. The motion passed unanimously 9–0.
At its May 7 meeting, the Klamath County School District Budget Committee approved taxes for fiscal year 2026–27, setting the permanent tax rate at $4.0519 per $1,000 of assessed value for operating purposes and levying $2,350,290 for general obligation bond principal and interest in the Debt Service Fund.
Brooke Kliewer moved the tax motion and Steve Lowell seconded. The motion passed unanimously with a recorded 9–0 vote. The motion language stated approval "at the Permanent Tax Rate of $4.0519 per $1,000 of Assessed Value for Operating Purposes in the General Fund and in the amount of $2,350,290.00 for the general obligation bond principal and interest in the Debt Service Fund."
The approved levy funds the district's bond obligation; the minutes do not include additional detail on the bonds' maturity schedule or specific projects funded by those bonds.
