Tax Information

Chart 1: School District Historical Levy Rates, With CFPM Forcast (2019-2029)

Anticipated Property tax rates 

In 2019, Garner-Hayfield-Ventura CSD approved a budget aimed at strengthening the district’s financial reserves. This was achieved through the strategic use of the district’s cash reserve levy over a multi-year period, allowing the district to improve its general fund position and ensure long-term financial stability.

•  Over the course of several years, the district was able to significantly reduce the overall property tax levy rate by nearly 20%, lowering it from a high of $12.24, all while maintaining financial health. Importantly, this was accomplished without any outstanding General Obligation Bond debt.

•  Over the past 7 years, our average tax rate has been $11.28. With the proposed bond, the total tax rate would be $10.72, which reflects the district’s commitment to balancing essential improvements with responsible financial management while maintaining competitive tax rates.

•  This carefully considered approach reflects GHV’s commitment to financial responsibility. The district will continue to maintain healthy financial reserves and meet board policy targets, ensuring stability for future growth while keeping the community’s tax burden as manageable as possible.