What You Need to Know
What would these bills do?
- The uniform mill levy bill would require each district to levy a specified number of property tax mills. Each school district would need to do so over a certain amount of time to reach their total program funding. If they needed to raise their mill levy rates in order to reach the specified property tax mills, they would have to go to the voters for approval.
- The mill levy equalization bill would require the department of education to pay eligible school districts a mill levy equalization payment for additional local revenue. To be eligible, the school district would have to have a per pupil assessed property valuation that is less than the statewide average per pupil assessed property valuation.
What does the JBC still want to determine before moving forward with a bill?
- They have to determine the rate at which they want to set the mill cap. In the past, the mill levy cap has been set at 27 mills per district. This means that each district cannot raise their mill rate above 27.
- The JBC has to decide the rate at which they want each district to raise their mills. The current language in the draft bill includes a blank space where they specify the amount of mills that a school district has to raise their rates every two years until they reach the new mill levy cap.
- The JBC would also need to decide where the funding comes from to equalize eligible school districts’ mill levies across the state, as well as decide how they are going to factor in the cost of living.
These two bills are in draft mode, and you can read the most current two drafts here. These two drafts would have to come to versions that are agreed upon by all six JBC members in order to be introduced as JBC bills.