Geneseo school officials approved a tentative $12.4 million tax levy for the upcoming year at their Nov. 13 board meeting, an approximately 4 percent increase from the current levy. However, because the district has seen a 4.6 percent increase in the property value rate, the overall rate will be reduced, said superintendent Scott Kuffel.


Geneseo school officials approved a tentative $12.4 million tax levy for the upcoming year at their Nov. 13 board meeting, an approximately 4 percent increase from the current levy.

However, because the district has seen a 4.6 percent increase in the property value rate, the overall rate will be reduced, said superintendent Scott Kuffel.

“That doesn’t necessarily mean people will pay less in taxes. It all depends on what their home value did,” he said.

Still, Kuffel said the district’s goal was to have a tax rate less than the 2007 levy. “The school board has expressed a desire to show sensitivity in the current economic situation,” he said.

The tentative tax rate will be about $4.06 per $100 of assessed valuation, down from $4.08 the previous year.

“(The drop) will really give us the lowest (tax rate) in the area,” said school board member Christy Coleman.

“We could be at $4.10 or $4.11 and still have the lowest rate in the area,” said Kuffel.

The expected value of property in the Geneseo district will be approximately $305 million.

 The levy approved at the Nov. 13 meeting was a tentative one, and Kuffel said there may still be “some adjustments” in final figures.

The levy is expected to be approved at the board’s December meeting.