The annual truth in taxation hearing is set for Dec. 17th 2012 at 6:30pm. The meeting will be held in the Underwood Conference Room. Any questions can be directed to Underwood School, 100 Southern Ave. Underwood MN 56586. Phone: 218-826-6101.
As you can see, the total levy being asked of the local taxpayers has increased this year from last year. The primary reason for this is the debt service increase made for the 2001 addition to the school. This account is self sustaining and rises and falls in order to meet our debt obligations for the long term debt. This debt is scheduled to be paid off in 2024.