The Papillion-La Vista Board of Education approved the 2010-2011 budget. The total general fund budget is $103,561,625. This is a 2.29% increase over last year’s budget. This increase is attributed primarily to a growing student population and increased transportation costs as a result of the Learning Community. The PLSD grew 400+ new students and hired 19.5 FTE additional staff to accommodate the student increase. This proposed budget will result in an increase of .00778 in property taxes. For a $100,000 home this equates to an additional $7.78 a year.
The tax rate associated with this budget is now calculated differently due to the implementation of the Learning Community (LC). The LC common levy is a tax rate set by the LC for all 11 school districts in Douglas and Sarpy County. The money collected from this tax rate is then put in one pool and redistributed among the 11 districts. The LC also sets a common building levy and a new tax known as the capital construction levy. The common building fund levy is redistributed to the 11 school districts. However, the capital construction fund levy remains under the control of the LC Coordinating Council. Each of these tax rates are indicated on the chart below.
With the Learning Community (LC) common levy, property taxes collected for the 11 LC school districts goes into one pool and is then redistributed to the school districts. Through this redistribution, the PLSD will be receiving $518,674 less than we would have received if we did not have to pool the taxes and state aid. This loss of revenue equates to $.0128 cents on the tax rate. If the PLSD could have kept all of the taxes paid by PL taxpayers, there would not be a tax rate increase proposed for the 2010-11 year.
| PLV General Fund Levy |
0.09796 |
| LCC Common General Levy |
0.95000 |
| PLV Building Fund Levy |
0.00000 |
| LCC Common Building Fund |
0.00000 |
| PLV Bond Fund Levy |
0.20274 |
| Total PLV + LCC Levy |
1.25070 |
|---|
For tax payers in the PLSD the tax rate increase is just under two cents. With the implementation of the LC and the common levy, the PLSD has lost control over a large portion of the tax ability. This limited control and flexibility, along with the implementation of a new tax, has resulted in a tax increase for PLSD residents.