DL Schools levy drops
Good new for property owners in the Detroit Lakes School District: the school board voted Monday night to approve a decrease of 3.9 percent in the tax levy to cover the 2014-15 school year.
The board held its annual Truth in Taxation hearing at that time, which showed between a revenue of $22,453,219 and expenditures of $31,432,099, the district had a budget surplus of $1,021,121 for the 2012-13 school year. Projections for the current school year show a slight deficit of $315.
Local property taxes make up 12 percent of the district’s budget. Superintendent Doug Froke says the district is in an “enviable position,” as it levies for about half of what the average is throughout Minnesota school districts. Business manager Nancy Olson says a change in state aid is to thank for next year’s levy decrease, which comes to roughly $151,000.
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