During the Truth and Taxation presentation, the business manager provided an in-depth analysis of the school district’s financial landscape. A central theme was the substantial rise in property values over recent years, with the speaker illustrating how a home purchased for $100,000 in 2018 could see its value potentially double over a decade due to annual increases of 6% to 7%. These rising values have led to a weaker equalization factor each year, putting more pressure on local taxpayers to fund the school district.

The presentation noted that the tax levies, although necessary for district operations, are not recognized as revenue until the subsequent fiscal year, complicating financial planning. The manager explained the mechanics of tax levies using a pizza analogy, highlighting the different classifications of property, such as residential and commercial, that influence the tax structure. The presentation also underscored the district’s reliance on state aid, which accounts for approximately 70% of its revenue, with property taxes contributing 18% to 20%.

An essential component of the discussion was the projected levy for 2026, which showed a 4.5% increase in the general fund. This increase was attributed to the inclusion of the Rum River North campus. Conversely, the community education levy was projected to decrease by 10.8%. The overall property tax levy was anticipated to rise by 93% compared to the previous year, largely due to equalization impacts.

The meeting also addressed enrollment metrics, with a focus on Average Daily Membership (ADM) and Average Pupil Units. The ADM is important for funding, calculated based on students enrolled on the first day who remain throughout the academic year. Despite a rebound following a drop during the COVID-19 pandemic, the current year saw a slight decline in enrollment, raising concerns about future trends.

Board members reviewed the levy categories impacting taxes, emphasizing that not all expenditures are taxpayer-funded. State and federal sources, along with fees, cover many expenses. The board discussed local optional revenue used for general operational needs and the Alternative Teacher Compensation program (Q Comp) that supports staff development. The building and lease levy, particularly its contribution to the Rum River special education cooperative, was also highlighted.

Additionally, the meeting featured a detailed look at the district’s infrastructure and operational issues. The maintenance and replacement timelines for facilities, such as the parking lot and tennis courts, were discussed, with projected replacements due by 2038 and 2043, respectively. The Wellia Center’s maintenance since 2018 was noted as impressive, though it should be monitored for eventual updates by 2038. The Building Automation System (BAS) was praised for its efficiency in managing facility temperatures and diagnosing issues.

The meeting included a spirit recognition segment, where coaches and athletes from the Special Olympics bowling team shared their experiences. The team had recently participated in a state tournament, and their achievements were celebrated with a presentation of a card and a bell as tokens of appreciation.

The board also reviewed and approved several items on the consent agenda, including the final levy for 2025, payable in 2026, and local seniority lists. A three-year board governance plan was approved unanimously, alongside a proposal to change the time of an upcoming organizational meeting to accommodate other scheduled events.

In the board reports segment, a student representative highlighted recent student activities, such as a successful holiday drive raising over $5,000 for local charities. Students also voted to hold a “Dancing with the Stars” themed winter formal. Furthermore, the Kbec County Family Collaborative was discussed, noting its partnerships with local agencies to support students and families.