The district levy is going down by three cents from 2025, to $5.35 per thousand. Depending on property valuations, individual tax contributions could still be affected.
This in summary is the news for the 2026-27 school district tax levy at Stanley-Boyd, approved following a public budget hearing Monday, Oct. 26 at 8 p.m. in the Stanley-Boyd High School Library.
The approved budget meanwhile establishes the district’s financial framework for the 2026-27 school year, supporting educational operations, special projects, capital improvements, food services and community programs.
Approved unanimously after board discussion with no public comment offered from the public, the 2026-27 local school levy at Stanley-Boyd seeks to raise $4,472,957 million locally for the overall district budget, with remaining budget funds coming from federal, state and intermediate sources.
District residents can estimate their individual school tax contribution by taking their property’s taxable assessed value, dividing it by 1,000 and multiplying the result by the estimated mill rate.
Other taxing jurisdictions that may affect individual property tax bills include county, municipal, special purpose and technical school taxes. Property owners are encouraged to review each line item on their tax bills to determine the amounts levied by individual taxing jurisdictions.
So what’s in the school budget this year?
Glad you asked.
Among items affecting the approved budget are high cost transportation aid (partially budgeted but not yet received), increase in special education costs and decrease in those eligible for food assistance, and increased food cost.
Gross total expenditures for the overall 2026-27 district budget as approved stand at $25,143,196.50, including $1,857,166 in interfund transfers, with expenditures technically $93,000 more than revenues. This figure does not include high cost transportation aid, which is expected to balance the difference. Interfund transfers include payment schedules for the district entrance project funded through Fund 46 capital improvement savings.
Breaking it down further, the 2026-27 district budget as approved for Stanley-Boyd includes $17,832,445.27 in general fund revenues and other financing sources, balanced against $17,941,812.92 in expenditures.
Also included in the approved budget are $16,902 in special projects fund revenues, while special education revenues and financing (Fund 27) are set at $2,444,002.62. The approved budget includes $590,000 in capital projects fund revenues (Fund 46), $976,172 for the food service fund (Fund 50) and $317,132 for the community service fund, otherwise known as Fund 80).
Expenditures for each of the above include $500 for special projects, $3,150,000 for capital projects, $976,172 for food service and $244,709 for community services. Capital projects includes the new secure main entrance and district office, with pay schedules affected by fiscal year and invoice date. It does not represent an over spending compared to funds available in capital projects.
No revenues or expenditures meanwhile are included for either the debt service fund or the package and cooperative program fund at Stanley-Boyd, both of which remain at zero dollars.
Looking forward to next spring, a major planned capital improvement item is resurfacing of the school district south parking lot, including adjustment of the island to move straight out from the new district main entrance.