The Central Valley School Board on Wednesday finalized its 2021-22 budget calling for a decrease in the amount of property taxes collected by the school district next year.
Board members agreed to levy 77 mills, which represents a reduction of three mills or $30,484 compared to the district’s 2020-21 budget.
Superintendent Jeremy Brandt said not every taxpayer will see a reduction in their taxes.
Landowners or homeowners who see sharp increases in the valuation of their properties still may find a bump in their property tax bill, he said.
Figures provided to the school by Traill County tax director Kayla Knudson indicate the district’s overall taxable valuation will increase $14.53 million in 2020-21 to $14.7 million in 2021-22.
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