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District packet: levy increase paired with lower overall tax rate, per scenarios
Summary
The district's Aug. 27 packet shows scenarios where increasing the supplemental levy to $3.85M coincides with a net tax-rate decrease from $64.89 to $63.67 per $100,000 because a bond levy is being retired; packet tables include taxable value and per-$100k impacts.
District financial materials included in the Aug. 27 packet lay out multiple supplemental-levy scenarios and tax-impact tables based on a district taxable market value of $3,021,908,917.
The packet's "Key Message" states the district is "increasing our school district’s supplemental levy to better support students and programs — all while slightly lowering the tax rate for our community." The materials show a current tax rate example of $64.89 per $100,000 and a projected new tax rate of $63.67 per $100,000 under the proposed $3.85M option. The packet also provides an estimated taxpayer cost of $127.40 per $100,000 for the proposed levy under current conditions.
The tables break down supplemental levy amounts, bond levy amounts, tort levy, and a School District Facilities Fund offset (HB292) to show net amounts and per-$100,000 impacts. The packet notes these figures assume taxable market value, tort levy, and HB292 funds remain constant and that any emergency levy is zero.
