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Board sets $43.3 million budget and a $22.1 million tax levy for 2026-27

Financial
Editorial graphic for Board sets $43.3 million budget and a $22.1…
Editorial caption by Our School Board; base: Carl Hårleman · public-domain

What happened

On October 26 the board approved Resolution 27-3: a $43.3 million budget, a tax levy of $22,140,321 and a mill rate of $5.33. Last year the levy was $20,958,792 at a rate of 5.52 mills (budget $42.5 million). The levy is about 5.6% higher while the rate is lower.

Why it matters to families

The levy is the part of the budget paid by property owners. A lower rate with a higher levy means rising property values are carrying more of the cost.

The evidence

October 26, 2026 minutes record the vote on Resolution 27-3. October 19 budget committee minutes say final state numbers showed declining enrollment, higher property values, less state aid and more voucher payments. The October 27, 2025 minutes give the prior-year figures.

The source

October 26, 2026 board minutes

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