Bill Description: Senate Bill 1094 would increase the maximum duration of levies from two to six years and eliminate the school districts' option for a perpetual levy.
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Does it directly or indirectly create or increase any taxes, fees, or other assessments? Conversely, does it eliminate or reduce any taxes, fees, or other assessments?
Senate Bill 1094 would alter the current school district levy structure by replacing the two year levy with an option of one to six years. It would also eliminate the option for school districts to pursue perpetual levies and allow boards of trustees to reduce the amount of a levy at whim. Together, these changes would give school districts more flexibility to seek additional funding from citizens without saddling future generations with higher taxes.
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