Property Tax Levy - 2013-2014
Monday, September 09, 2013 6:25 AM

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Levies impact schools, classrooms and students. We want parents and community members to better understand the impact of their dollars in our schools.

 

Understanding Tax Levies

 

Fact: There are two kinds of levies:

1.     A referendum, or voter-approved levy

2.     A levy set by the school board within limits established by the state of Minnesota

 

Budget Feedback Survey

 

Fund Balance (Updated 3-19-13) Information click here

 

A fund balance allows the school district to manage risk and to respond to unforeseen circumstances without having to borrow money. We assess risk to determine how large a fund balance MPS needs. If the fund balance is too large, we might be unduly restricting services for today's students. If the fund balance is too small, we will not be able to manage risks.