Tax Levy Information
Check out this video from Superintendent Dr. Huseman. She does an excellent job explaining the tax levy details. 🎥 Watch Here:
Frequently Asked Questions:
Does this tax increase have anything to do with building anything new?
No. The money from this levy would go directly into the General Fund, which is a fund we use to pay salaries and other general operating costs.
Another “unique” thing about Iowa school finance is that schools work with different pots of money. Most of these pots of money are pretty restrictive in how we can use them. For instance, the funds that we can use for building are the Physical Plant and Equipment Levy (PPEL) and Local Option Sales Tax. These are the funds that we are using for the new gym and additional classroom project. Funding our people, or salaries, accounts for approximately 85% of our costs in the General Fund, and it is the only fund out of which I can pay salaries.
Another of those restrictive pots of money is the Management Fund, which you will see was levied for in the amount of $247,780 this year. The Management Fund can only be used to pay for property, liability and cybersecurity insurance, unemployment and early retirement benefits. We need this increase to help with the rising costs of property insurance which we all know is only increasing.
