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Board reads tax-levy resolution and approves $4 million transfer to capital reserve
Summary
Chair read the tax-levy resolution as written in the agenda and the board approved moving $4 million from unassigned fund balance into the capital reserve after voters had previously approved a $15 million cap.
At the meeting Chair presented the district's tax-levy resolution and summarized collection dates and penalties. The levy figure was read aloud from the agenda materials during the meeting; the Chair also said collection is scheduled to begin Sept. 1, 2026, and end Nov. 2, 2026, with penalties applied after Sept. 30 for late payment.
"The tax levy is as we do with the $27,303,000 $836 and 36," the Chair read aloud during the agenda presentation (transcribed wording follows the meeting record). The board approved the tax-levy item by voice vote.
Trustees also approved a resolution to transfer $4,000,000 from the unassigned fund balance into the district's capital reserve fund. The Chair noted that on 05/21/2025 voters approved raising the capital-reserve limit to $15,000,000 and the board is taking steps to move additional funds into that reserve. Separately, trustees voted to close the 2024 capital-project fund; the meeting record lists authorized expenditures of $2,130,000 and a remaining balance of $217,786.86 to close out.
