Resolution of Intent to Impose an Increase in Levies
As an essential part of its budgeting process, the Basin Elementary Board of Trustees is authorized by law to impose levies to support its budget. The Basin Elementary 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, 2026, using certified taxable valuations from the current school fiscal year as provided to the district:
Fund Supported | Estimated Budget Needed | Estimated Change in Revenues* | Estimated Change in Mills* | Estimated Impact, Home of $100,000* | Estimated Impact, Home of $300,000* | Estimated Impact, Home of $600,000 |
Tuition Fund | $85,000 | $85,000 increase from FY 26 | 56.76 mills | $43.14 increase | $129.42 increase | $276.47 increase |
Building Reserve** | $15,300 | $15,300 increase from FY2026 | 10.22 mills | $7.76 increase | $23.29 increase | $49.77 increase |
Total | $100,300 increase | 66.98 mills | $50.90 increase | $152.71 increase | $326.24 increase |
*impacts above are based on current certified taxable valuations from the current school fiscal year.
**The building reserve permissive levy is on a year by year basis based on previous year student count
The Tuition Fund permissive levy is on a year by year basis based on the previous year’s special education costs associated with one on one time required for students and/or HB203, out of district student tuition.
Regarding the permissive building reserve levy referenced above, the following are school facility maintenance projects anticipated to be completed at this time: