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Board approves homestead/farmstead exclusion for 2026–27 after reading state allocation
Summary
Board adopted the homestead/farmstead resolution for 2026–27 after administration reported a $1,345,393.67 state allocation and provided calculation details for the exclusion amount per homestead.
The board approved a homestead and farmstead exclusion resolution for the 2026–27 fiscal year after administration read the state allocation and district homestead counts.
The administration reported that the Secretary of Education notified the district that the state allocation for homestead/farmstead funds for 2026–27 is $1,345,393.67 (with a $324.46 prior‑year carryover bringing the total to $1,345,718.13). The county reported 5,443 approved homesteads and 183 approved farmsteads within the district, and administration calculated the exclusion and provided an illustrative tax‑value benefit (about $242.34 per qualifying homestead). The board moved and approved the resolution under the Homestead/Farmstead Act.
