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VALIER SCHOOL DISTRICT #18 TRUSTEES RESOLTION FOR HB307
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RESOLUTION OF INTENT TO IMPOSE AN INCREASE IN LEVIES
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As an essential part of its budgeting process, the Valier Board of Trustees is authorized by law to impose levies to support its budget. The Valier 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:
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Elementary FundsChange $Change MillsEst. Annual Tax Impact $100K HomeEst. Annual Tax Impact $200KHhome
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General - BASE$5,0601.19$1.61 $3.22
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General - OverBASE$5,682 1.32 $1.78$3.56
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Transportation$2,817 0.65 $0.88$1.76
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Bus Depreciation$1 - $ -$ -
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Tuition$30,000 6.94 $9.37$18.74
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Adult Ed$ - - $ -$ -
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Technology$ - - $ -$ -
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Flexibility$ - - $ -$ -
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Debt Service$ - - $ -$ -
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Building Reserve Permissive
-$62 (0.02)-$0.03-$0.06
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Building Reserve Voted$ - - $ -$ -
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Grand Total$43,498 10.08 $13.61$27.22
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High School FundsChange $Change MillsEst. Annual Tax Impact $100K HomeEst. Annual Tax Impact $200KHhome
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General - BASE$4,3930.81$1.09 $2.18
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General - OverBASE$ - - $ -$ -
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Transportation$3,175 0.59 $0.80$1.60
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Bus Depreciation$ - - $ -$ -
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Tuition$15,000 2.80 $3.78$7.56
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Adult Ed$60 0.01 $0.01$0.02
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Technology$ - - $ -$ -
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Flexibility$ - - $ -$ -
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Debt Service$ - - $ -$ -
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Building Reserve Permissive
-$42 (0.01)-$0.01-$0.02
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Building Reserve Voted$ - - $ -$ -
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Grand Total$22,587 4.20 $5.67$11.34
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This notice must also document the District’s expected use of its Building Reserve State Major Maintenance levies and associated funding. In FY2026 the District intends to use Building Reserve Fund revenue to address the following items:
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- Any facility improvements and repairs identified in the facility inventory completed by the District, as required by 20-9-502, MCA
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- Operate and maintain District buildings, grounds and equipment
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The District estimates that the State Major Maintenance funding structure will generate a total of $27,979.30 in the Elementary District and $19,729.99 in the High School District in FY2026. The total State Major Maintenance levies are expected to be funded with $8,347.30 in the Elementary District and $4,795.12 in the High School District of local revenues plua $19,632.00 in the Elementary District and $14,934.87 in the High School District of State revenues. The permissive levy mills necessary to fund the local portion in the Elementary District are projected to be 1.93, which results in a decreased impact of $62 over FY2025. This Building Reserve Permissive Levy change is estimated to result in $0.03 less on a $100,000 home and $0.06 less for a $200,000 home. The permissive levy mills necessary to fund the local portion in the High School District are projected to be 0.89 , which results in a decreased impact of $42 over FY2025. This Building Reserve Permissive Levy change is estimated to result in $0.01 less on a $100,000 home and $0.02 less for a $200,000 home.
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Forecasting the District’s tax impact for the ensuing fiscal year requires a number of variables and an analysis of projections, historical trends and anticipated projects, therefore the information provided above is strictly an educated
estimate. Please contact the District Superintendent, Josh Reed, at (406) 809-8729 if you have any questions or need any additional information.
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_______________________________________ Board Chair - Donald F Davis
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_______________________________________ District Clerk
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Tuesday, March 18, 2025
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