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Central SD 51 keeps 2024 levy amount unchanged, reallocates reserves among funds
Summary
The board reviewed the 2024 tax-levy resolution and certificate. The levy total remains the same, but the administration proposed reallocating reserves (including a transportation fund with 19 months of reserves) into IMRF, Social Security and the Education Fund.
District staff reviewed the 2024 tax-levy resolution and certificate and told the board the total levy amount requested remains unchanged. The report described a reallocation of where those levy dollars would be posted: the transportation fund — which the minutes note currently holds roughly 19 months of reserves — would have some dollars redirected to IMRF, Social Security and the Education Fund to rebalance fund-level reserves.
Board materials emphasized this shift changes allocations among funds but not the overall tax-levy total the district is requesting. No formal vote on the levy was recorded in these minutes; the review was informational as noted on the agenda.
