The Board of Education is considering an increase to the Board Capital Levy. The increase would bring the tax rate back to .001. Additionally, it would provide funding that can be used for urgent projects like an expansion at Canyon View High School and the transportation facility.
Historically, Superintendent Dr. Lance Hatch explained, the Board has maintained that .001 rate to help pay for increased capital costs in schools. The last time the rate was bumped back up was in 2019. During the years of COVID, many districts let the rate fall, but now the district’s tax rate is down significantly. Hatch explained how the tax rates lowers to secure the same revenue for the district. However, with growth and inflation costs, he said, there are new capital costs and the current levy does not accommodate for that.