Tomorrow River voters rejected a referendum that would have allowed the district to exceed the state revenue limit by $1.1 million annually for three years, starting in 2027–28.
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Officials said the 2024 operating referendum added $1 million to the revenue limit in each of 2024-25, 2025-26 and 2026-27, a permanent $3 million total, and that after 2026-27 only state per-student increases apply. With a capital referendum also passed, an additional referendum is not in the district's current reality.
On October 30 the board approved a levy resolution stated in the recording as $7,790,453, after an October 21 presentation showed a preliminary $7,778,247 levy.
On October 29 the board set the district's property tax levy. Directors said about $77 million of the levy would be offset by the state school levy tax credit, and about $19.5 million goes to fund the state's special-needs scholarship program (a private-school voucher program), not MPS schools. The board also adopted an amended 2026-27 budget that day.
The board approved a revised 2026–27 budget and levy after a revenue-limit worksheet error was identified. The revised booklet lists a $35,307,484 levy.
The October 28 levy certification agenda listed a 2026-27 general fund budget of $55,675,302, a tax rate of $5.72 per $1,000 and a total levy of $20,679,656, and $6,659,049 for referendum debt payments.
The board adopted the 2026-27 budget and a property tax levy of $98,852,490, up 4.63%. Spending is planned to exceed revenue by $18.75 million, about $17.76 million of it structural, paid mostly from savings.
The board's October 27, 2026 levy meeting agenda lists a resolution to short-term borrow up to $2 million from National Exchange Bank at 4.89%, tied to the levy certification, to pay operating costs this school year.
A special board meeting on Oct. 27 lists the 2026-27 adjusted budget and tax levy as an action item, after the Finance and Operations Committee reviewed it on Oct. 22. The same agenda includes a resolution on joining the social media youth mental health litigation (MDL 3047). Minutes were not posted when collected, so the result is not confirmed.
The October 27, 2026 special meeting agenda lists a resolution authorizing taxable temporary borrowing of up to $2,500,000 through a line of credit with Old National Bank. An $800,000 temporary borrowing resolution was on the December 17, 2025 agenda, and the October 19 agenda lists a line of credit renewal.
On Oct. 26 the board voted 5-2 to approve the 2026-27 budget and tax levy. The school tax levy is $39,593,773 (up 0.9%), and the tax rate is $6.22 per $1,000 of property value, down from $6.35. State equalization aid fell 11.4% to $16.6 million, and the district is using $1,514,593 of reserves to balance the budget.
The proposed 2026-27 budget totals $519.1 million across all funds, with a tax rate of about $8.07 per $1,000 of property value. The board's Oct. 26 special meeting agenda lists adoption of the budget and a 2026-27 tax levy of $122,609,226. The Oct. 26 minutes are not yet posted, so the result is not confirmed here.
On October 26 the board certified a 2026-27 property tax levy of $55,394,421 and a tax rate of $6.61 per $1,000 of value, and approved a final budget with $79.2 million in revenue and $78.7 million in spending.
At the October 26 budget hearing the business office said the 2026-27 mill rate will be about $6.21 per $1,000 of property value, up from about $4.85. About $1.55 of it goes to private school vouchers, which cost the district about $6.16 million (up 28%). Voter-approved referendum money and a projected surplus of about $250,000 are also in the budget.
On October 26 the board approved the 2026-27 budget and a school property tax levy of $10,531,197. Last year's levy was $9,797,675, so the levy rises about $733,000 (7.5%).
On October 26, 2026 electors authorized, and the board then adopted, the 2026-27 budget and the maximum tax levy. The budget is $7,612,848 (up 1.4%, or $105,438) with a $95,018 deficit; the property tax levy line is $2,998,664 versus $2,851,478 last year, and the proposed mill rate is $6.49.
The October 26, 2026 agenda lists approving a 2027 health insurance bid. The bid table shows an Aspirus renewal of about $2.31 million, up 7% from about $2.16 million, a state plan about 36% higher, and other carriers from 1.8% to 2.25% higher.
After the October 26, 2026 annual meeting, the board's special meeting agenda lists approving the operating (Fund 10) levy, the debt service levy, a resolution for short-term borrowing because state aid payments are delayed, and adopting the 2026-27 budget.
At the Oct. 26 budget hearing the district said its 2026-27 total tax levy will be $21,991,312. The mill rate rises 0.85% to $7.86 per $1,000 of property value because equalized value fell. The mill rate was $10.14 in 2021-22 and $7.67 in 2025-26.
At the October 26 budget hearing the business manager presented a 2026-27 all-fund tax levy of $13,182,094 and a mill rate of about $6.20 per $1,000, down 42 cents from $6.62. Property values rose 8.19% and state aid rose by $664,000. The general fund budget of $28,972,380 is balanced.
On October 26 the board voted 9-0 for a balanced 2026-27 budget of $42,263,524 and a total tax levy of $9,499,579 at $5.78 per $1,000 of property value. Last year the levy was $9,300,533 at $5.99 per $1,000.