The regular board meeting is scheduled to start at 7:30pm on September 9. The Budget Hearing will be that same day starting at 6:30pm. The Tax Hearing will be on September 11 starting at 7:00pm
Please note that we will need a 70% Board vote at the Sept. 9 BOE meeting to exceed the 3% lid we were given this year. This lid exception is necessary to cover the infrastructure project. We will not tax for the entire 7% we will be asking for. The general fund levy is going down, the special building fund levy is going down and the overall levy is going down, .0874¢.
The proposed overall levy would be .6996¢
The numbers:
2023-24 general fund levy = .7407¢
2024-25 general fund levy = .6571¢
Decrease of: 11.96%
2023-24 special building fund levy = .0462¢
2024-25 special building fund levy = .0424¢
Decrease of: 8.57%
2023-24 total levy = .7870¢
2024-25 total levy = .6996¢
Decrease of: 11.75%
2023-24 valuation = $665,774,263
2024-25 valuation = $736,912,226
Increase of: $71,137,963 (10.14%)