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Board Approves Preliminary Levy 2019 Payable 2020
September 23, 2019 - At Monday’s meeting, the Shakopee School Board passed a resolution setting the preliminary tax levy for 2019 payable 2020 at $39.6 million.
The following are included in the levy:
- Voter-approved levies (operating referendum, capital projects and building bond)
- Discretionary levies (long-term maintenance facilities, safe schools, and building lease)
- School district funds (General Fund, Community Education Fund and the Debt Service Fund)
“It is important for our organization to be extremely prudent when managing resources directed to us from the taxpayers in the community,” said Superintendent Mike Redmond. “This year’s modest levy increase is an example of sound financial management and prudent decision-making.”
The Shakopee School Board will hold its Truth in Taxation hearing on December 9, 2019 at the District Office at 6 p.m.