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Board approves 2025–26 budget and tax levy request
Summary
The Colman-Egan board approved the 2025–26 budget (including a $200,000 placeholder in capital outlay for land acquisition) and approved the tax-levy request for the year, with specified levy rates and a bond redemption figure.
The board approved the district's 2025–26 budget as presented after discussion; the only change since the budget hearing was a $200,000 placeholder for capital outlay to support land acquisition. District staff said that amount was budgeted from cash on hand and characterized the figure as a placeholder rather than a finalized negotiated amount.
On the tax levy, the board reviewed proposed levy figures for the 2025–26 year: a general-fund levy of 1.125 per thousand, owner-occupied valuation at 2.518, special-education levy at 1.462, a capital-outlay request of 934,635, and bond redemption of 449,000. After board questions about how leftover bond funds and escrow mechanics work, the board moved and approved the tax-levy request by voice vote.
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