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Hillsboro district tax rate drops to $4.16 as EAV rises to $241 million
Summary
Superintendent McBrain reported the 2025 tax computation: a $4.16 tax rate (down $0.24) and an EAV of $241,000,000, about $22 million higher than last year; she said a truth-in-taxation hearing may be required during next year's levy process depending on district needs.
Superintendent McBrain presented the district's 2025 property tax computation, reporting a tax rate of $4.16, a decline of $0.24 from the previous year, and an equalized assessed valuation of $241,000,000, roughly $22 million higher than the prior year. McBrain said those figures will inform next year's levy and that a truth-in-taxation hearing may be necessary depending on how much revenue the district chooses to request.
The tax rate and EAV figures were provided as part of the board's regular financial reporting. The numbers will be reflected in levy planning and the district's public notices if a hearing is required.
