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Reynolds SD 7 sets $4.4626 permanent tax rate, levies $13.1M for bonded debt
Summary
The Budget Committee approved a permanent tax rate of $4.4626 per $1,000 of assessed value and a $13,100,000 levy categorized as education to retire bonded debt; the motion passed 8–0.
At the May 1 Budget Committee meeting, members approved the 2025–26 Tax Levy Resolution authorizing a permanent tax rate of $4.4626 per $1,000 of assessed value and levying $13,100,000 for bonded debt service. The levy was described as categorized for education and intended to retire a portion of the district’s long-term bonded debt.
The motion was made by Michael Reyes and seconded by Aaron Muñoz and passed unanimously, Yea: 8, Nay: 0. Committee discussion earlier in the meeting flagged budget pressures and the need to balance service priorities with revenue, but the levy resolution was approved as presented.
