Levy goes into effect Tuesday
Published 4:49 pm Saturday, June 28, 2008
The operating levy referendum approved Nov. 6, 2007, goes into effect Tuesday. Taxpayers last year voted yes, yes — approving both levy referendum questions. Coming in the 2008-09 school year, the per pupil funding from taxpayers within the Albert Lea School district will increase from $489 to $958.
It was a close vote in November, with 59 percent of voters approving the first question that reinstates the levy and 55 percent approving the second question that increases the levy.
The levy will last seven years and give the district a total of $1.8 million, which is roughly 10 percent of the school district’s budget. The rest comes from state and federal aid.
The average taxpayer, on a home valued at $100,000, will see an increase of $10.41 a month — or $125 a year — on his property tax statement.
Taxpayers will see the increase on their property tax statements in March 2009. There will be no change to payable 2008 taxes, according to Freeborn County Auditor-Treasurer Dennis Distad.
The 2007-08 school year saw the district cut $1 million from the budget.