Gibson Southern High School - Media Center
Tuesday, September 30
- 6:30pm - 7:00pm
Highlights of Budget 2026 - subject to fine-tuning until the time of the meeting.
Property Tax Cap impact of $ 545,200, up from last year's impact of $ 160,000.
Net Assessed Valuation used in budget preparation of $1,066,530,085. Certified NAV is $1,333,162,606.
Tax rate to be advertised for Debt Service. .3726, up from .2611 from last year.
Tax rate to be advertised for Operations.. 0.6758, down from last year's .6953, but still capturing the estimated maximum levy of
$ 6,636,852
Budget for Education of $20,007.758 which includes transfers to operations of $1,970,936
Budget for Operations $8,376,546
Budget for Debt Service of $2,999,000
Continued HVAC work at HCS in 2026
No plans for new/replacement buses in 2026. We do finally have the two we ordered in 2023 & 2024.