Impose an Increase in Levies
As an essential part of its budgeting process, the Stevensville Board of Trustees is authorized by law to impose levies to support its budget. The Stevensville Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1, 2025, using certified taxable valuations from the current school fiscal year as provided to the district:
2025-26 Projections using 2024-25 Taxable Value
Fund Supported | Estimated Change in Revenues* | Estimated Change in Mills* | Estimated Impact, Home of $100,000* | Estimated Impact, Home of $200,000* |
Adult Education | $2,711.50 increase | 0.08 increase | $0.10 increase/YR | $0.21 increase/YR |
Bus Depreciation | - $5,745.58 decrease | - 0.16 decrease | - $0.22 decrease/YR | - $0.44 decrease/YR |
Transportation | $101,408.24 increase | 2.88 increase | $3.89 increase/YR | $7.78 increase/YR |
Flexibility | -$5,725.57 decrease | -0.16 decrease | -$0.22 decrease/YR | -$0.44 decrease/YR |
Tuition | $48,261.42 increase | 1.37 increase | $1.85 increase/YR | $3.70 increase/YR |
Building Reserve | -$5,991.33 decrease | -0.17 decrease | -$0.23 decrease/YR | -$0.46 decrease/YR |
Total | $134,918.68 increase | 3.84 increase | $5.17 increase/YR | $10.35 increase/YR |
All estimates are based on the current year’s taxable value with no increase, as required by state law. If the District’s taxable value increases as expected, the mill and taxpayer cost increases
will be less than presented here. These estimates are preliminary and changes are expected before the final budgets are set in August.
This notice must also document the District’s expected use of its Build Reserve and associated funding. This year, the District Expects to use those proceeds to partially fund deferred maintenance and replacement of safety and security systems including but not limited to the cost of staffing for services provided by architects, engineers, school resource officers, counselors, an other staff or consultants assisting the district with improvements to school and student safety and security.
This notice requirement is an estimate only. None of the budget changes have officially been adopted for the 2025-2026 school year. Action will not be taken on these items until the final Budgets are approved.
*Values are rounded to the nearest dollar.