Proposed 1.75% Earned Income Tax Permanent Operating Levy
It would have replaced the current .5% traditional income tax operating levy.
Estimated Additional Levy Revenue = $2.4 Million Per Year
Who Would Have Been Impacted?
The earned income tax which would have impacted only those currently with employee compensation and net earnings from self-employment in our school district. Excluded those with retirement income.
Upcoming Tax Levy (November 2024)
Propose .5% Traditional Income Tax 5-Year Term Operating Levy
Will be in addition to the current .5% operating levy, which will remain in effect.
Estimated Additional Levy Revenue = 1.3 Million Per Year
Who Will Be Impacted?
The traditional income tax applies to anyone in our school district currently with employee compensation and net earnings from self-employment. Including those with retirement income.