16:03In its most pressing decision, the board discussed a notable reduction in the district’s tax levy, projected to be just under $13 million for the upcoming year. This adjustment reflects changes in state law, student population shifts, and variations in market values. The general fund levy, which forms the largest portion, is set to be slightly over $6.6 million, with funds also allocated for community services and debt service.

0:00The board detailed the comprehensive breakdown of the tax levy, highlighting that the general fund accounts for 51.2% of the levy, community service constitutes 2.5%, and debt service makes up 46.3%. The decrease in the community services levy, driven by increased state aid, was noted as a 14.8% reduction, which helps alleviate the overall tax burden on residents. The debt service levy showed a slight increase of 8.5%, attributed to statutory requirements to ensure bond repayment security, but some funds will be returned to taxpayers.

31:57Attention also turned to property taxes, with a small increase in property values expected to provide relief. The board discussed the net tax capacity for property taxes, which totals approximately $12 million, with the majority coming from local residential properties. The importance of ensuring properties are homesteaded was highlighted, as the Homestead Market Value Exclusion is set to rise, potentially reducing taxes despite increasing property values.

1:04:38A discussion point was the introduction of a new cell phone policy, mandated to be in place by March 15, 2025. The statute requires collaboration between school principals to develop practices addressing student behavior and mental health issues linked to cell phone use. The policy grants school administrations flexibility, although the board retains the authority to review changes. Debates arose about the balance of power between the board and administration, with assurances given that community feedback would be pivotal in finalizing policy details.

31:57During public comments, a parent expressed enthusiasm about the tax reductions, urging the board to engage with the community to identify potential education funding opportunities. The parent suggested conducting audits to find any missed opportunities in educational offerings, emphasizing the importance of maximizing available resources.

0:00The meeting also addressed the school district’s financial health, focusing on maintaining a healthy fund balance. Concerns were raised about whether the balance might drop below the 12% policy threshold, which is important for securing lower bond rates. The board clarified the structure of the fund balance, which includes various designations such as assigned, restricted, and unspendable funds, with unassigned funds being a smaller portion.

1:04:38Amidst financial discussions, the board recognized outgoing members for their years of service, reflecting on their contributions and challenges faced during their tenure. There was a focus on the transition to new board members, with encouragement for continued respect and collaboration. Members shared personal anecdotes about overcoming district challenges, such as managing significant debt and achieving successful funding measures.