Grandview R-2

Grandview R-II

School District Tax Rate Hearing Notice

A hearing will be held at 06:45 p.m., September 17, 2026 at the Grandview R-II Fassen Building at which time citizens may be heard on the property tax rates proposed to be set by the Grandview R-II School District, a political subdivision.

The tax rates are set to produce the revenues from the property tax required by the budget for the fiscal year beginning July 1, 2026. Each tax rate is determined by dividing the amount of revenue needed by the current assessed valuation. The result is multiplied by 100 so the tax rate will be expressed in cents per $100 valuation. (*Estimates reflect the most accurate information at the time of posting. If necessary, changes can be made by the Board of Education at the Tax Rate Hearing.)

Assessed Valuation (AV) (by categories)

2026-27

2025-26

Real Estate

$62,344,400

$61,401,990

Personal Property

$16,955,137

$16,774,426

Combined Real Estate & Personal Property

$79,299,537

$78,176,416

Less AV in Tax Increment Financing (TIF)

$0

$0

Adjusted Assessed Valuation on Which Tax Revenue is Received

$79,299,537

$78,176,416

New Construction & Improvements (Included in AV Total above)

$1,020,100

$483,290

The following Tax Rates are Proposed by Fund:

Amount of Property Tax Revenues Budgeted (assumes 100% collection)

Proposed Property Tax Rate (per $100)

Amount of Calculated Property Tax Revenue From Prior Year

Property Tax Rate (per $100)

Incidental

$2,595,791

$3.2734

$2,556,447

$3.2701

Teacher

$0

$0

Debt Service

$1,116,220

$1.4076

$1,100,411

$1.4076

Capital Projects

$0

$0

Total

$3,712,011

$4.6810

$3,656,858

$4.6777

Total New Revenue (operating funds only):

$39,344

Board of Education

New Revenue from New Construction and Improvements:

$39,307

Grandview R-II

New Revenue from Reassessment:

$37

Brian Dugan , President

Percentage of New Revenue from Reassessment:

0.00%

Elaine Schlett, Secretary