School board approves maximum levy amount | Pineandlakes.com - Pineandlakes Echo Journal

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School board approves maximum levy amount

Posted: September 17, 2013 - 4:56pm

The Pequot Lakes School Board approved the maximum levy amount at its regular meeting Monday night, Sept. 16.

The actual maximum amount is not yet available, but will be released by the Minnesota Department of Education (MDE) before the board has to finalize the levy in December.

Once MDE has determined the district’s maximum levy amount, that information will be used to prepare the truth in taxation notices that are sent to taxpayers.

The school board certifies the maximum as a standard practice, allowing the district’s finance team to finalize budget information before the final levy amount is approved.

“What we do this time of year is we have to certify the proposed levy, then in December we come back and approve the levy when we have better numbers,” superintendent Chris Lindholm said.

In 2013, the total levy for the district was $4,780,569.69. While the maximum levy amount is not yet available, budget information provided by the district states that the proposed 2014 levy is slightly lower than 2013, at 4,714,687.29. That represents a 1.38 percent drop.

In other business Monday, the board:

• Approved the annual report on curriculum, instruction and student achievement.

• Learned that this year the annual homecoming parade on Friday, Sept. 27, will accept floats from any local businesses or groups. Anyone wishing to enter should contact the student council by Wednesday, Sept. 25.

• Heard that the board’s project oversight committee, which has overseen the $33 million improvement project, will soon disband as the construction and renovation project reaches completion.

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