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School District 833's 2012 property tax levy down slightly from this year

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education Cottage Grove, 55016
SWC Bulletin
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Cottage Grove Minnesota 7584 80th Street South 55016

School District 833 will collect slightly less tax revenue from property owners next year than it did this year.

The School Board on Dec. 14 voted unanimously to set the district's 2012 tax levy at $53.42 million, down from a proposed levy of $53.58 million. The decrease in recent months was due to savings made by refinancing debt and by state education officials' different calculation on the refinanced debt, said Aaron Bushberger, District 833 finance director.

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The 2011 levy was $53.69 million. Next year's levy will be nearly $268,000 less.

Local tax dollars are only a portion of the district's revenue. State aid, federal dollars and other funds also are part of the district's roughly $159 million in general fund revenue for the current school year.

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Scott Wente
Scott Wente has been editor at the South Washington County Bulletin since 2011. He worked as a reporter at other Forum Communications newspapers from 2003 to 2011. He is a graduate of the University of Wisconsin-River Falls.
(651) 459-7600
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