Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the General Fund topic
No spam. Unsubscribe anytime.
General Fund levy rises by $2.86M as referendum and capital levies shift
Summary
Wayzata staff reported the General Fund levy would increase to $75,487,101 (3.93% higher than 2024), driven by voter‑approved referendum authority, capital/tech levies and prior‑period adjustments from MDE; individual line items and prior‑year corrections are detailed in Exhibit I.
District finance materials showed the General Fund levy would rise by $2,857,416 to $75,487,101 for taxes payable in 2025. Scott LeSage explained the increase reflects several formula‑driven components: an operating referendum indexed for inflation and enrollment; voter‑approved capital (technology) levies; long‑term facilities maintenance adjustments; and prior‑period corrections processed by the Minnesota Department of Education.
The packet highlights that the operating referendum per‑pupil amount rose from $2,163.46 to $2,225.75 because of a 2.88% inflation factor, increasing referendum revenue by roughly $1.2 million. Exhibit I in the materials breaks the General Fund into line items including Referendum Levy Authority, Capital Projects (Tech Levy), Operating Capital, OPEB, LTFM and lease levies with prior‑year adjustments; several prior‑period MDE adjustments reduced or shifted amounts compared with the Pay 2024 figures.
