HMC-1 Board of Directors Meeting: Tax Levy Hearing on 9/17/26

The Hickman Mills C-1 School District Board of Directors held a tax levy hearing on September 17, 2026. The CFO presented the proposed 2026–27 levy: 5.3517 for operating and 0.80 for debt service, totaling 6.1517. The total rate is unchanged from the prior year, with 30 cents shifted from debt service to operating, as voters had approved. The presentation cited assessed valuation falling by approximately $37 million, from $694.3 million to about $657 million, reducing expected revenue from the transfer; a $100,000 market-value home was estimated to see a $57 increase associated with the shift.

The board approved the proposed levy by a 7–0 vote. District officials said they are working with Jackson County and the state auditor’s office to clarify the assessed valuation and explore a recoupment levy for 2027. No procurement or contract actions were identified.