DISTRICT FINANCE NEWS SUMMARY
Board Approves Next Year’s Levy
The ISD 347 School Board approved the District’s levy – that’s the money collected from local property taxes – for the 2007-2008 school year at last night’s Board meeting. The new Levy is projected to increase by $481,597, or 9.23%. The MN Dept. of revenue is expecting school levies to increase an average of close to 10%.