At a School Board workshop on November 8, the ISD 318 School Board discussed options for reducing the levy and the tax impact on ISD 318 residents. In September, the Board approved levying the max, which allows a school district flexibility in planning for its coming budget before the state finalizes levy amounts and allows the School Board time to make the most informed decision with the most accurate information.
The reduction does not change the amount of revenue the district receives, but the adjusted structure will lessen taxpayer impact.
“After reviewing the debt structures and the rest of our levy, the Board felt that reducing the levy from the preliminary amounts made the most sense for the district and its constituents at this time,” said ISD 318 Superintendent Matt Grose. The final levy certification will take place on December 20, after the public has a chance to share their input at the annual Truth in Taxation Meeting on December 6.