The cost & tax impact
A Community Investment in Our Students
The district is requesting an amount it believes is necessary to sustain a high-quality education while keeping the tax impact as low as possible for our community.
The proposed operating levy would generate about $1,147 per student, for a total of approximately $1.98 million annually for 10 years. It also includes annual inflationary increases, so the district does not begin to slip back into another budget deficit.
If the operating levy is approved by voters, the investment would be supported by a property tax increase that would take effect in 2027. Your individual tax impact will depend on the value of the property you own. For example, the estimated tax increase for the owner of a $330,000 home would be about $41 per month, or $496 per year.
You can calculate the estimated tax impact on your specific property using our tax calculator.
Our goal is to invest responsibly.
Albany Area Schools’ approach balances quality and affordability, making sure the district’s needs are met while responsibly managing tax dollars.
Why an operating levy referendum?
An operating levy is a voter-approved property tax that helps pay for the daily costs of running schools. This can include teachers, support staff, programs, classroom materials, activities, transportation and other ongoing education needs.
Operating levies are a common and necessary tool for Minnesota schools. Across the state, 72% of school districts rely on funding from local operating levies to help cover the costs of student services and educational programming.
