Staff: preliminary levy includes roughly $2M for OPEB as trust phases down
Staff said the preliminary levy includes roughly $2 million (up to $2.3M pending data) for OPEB obligations and described a strategy to blend trust funds and levy collections to avoid a sudden tax spike as the trust is drawn down.
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Presenter explained how OPEB (other post‑employment benefits) is reflected in the preliminary levy and the district's strategy for balancing trust resources and levied amounts. Staff said the preliminary levy includes $2,000,000 of OPEB levy built into the draft and that number could be as much as $2,300,000 depending on pending data from MDE (or MBE as said in the session).
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