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Swan Valley board approves 2025 tax rate, backs bond repayment application
Summary
The Swan Valley School District Board approved the 2025 certified tax rate — operating 18.0000 mills and debt 7.0000 mills — and authorized the annual school bond loan repayment application; both measures passed unanimously 6-0.
The Swan Valley School District Board of Education voted to adopt the 2025 certified tax rate and authorized submission of the annual school bond loan repayment application at its July 17 meeting.
"to approve the 2025 certified tax rate (L-4029) of operating 18.0000 mills and debt 7.0000 mills," moved Kevin Shanks and seconded by JoAnn Schneider, the motion recorded. The board recorded the vote Aye: 6, Nye: 0. The board also approved the school bond loan annual repayment application in a unanimous vote; that motion was made by Heather Farr and seconded by Kevin Shanks.
Board members said the tax rate approval was a procedural step required for the district budget year and noted the bond loan repayment application is the standard annual filing. No public comment was recorded on the measures.
The tax rate action was filed as Form L-4029; the board did not provide additional details about budget reallocations tied to the approved rate during the meeting.
