GFW School Board Okays Operating Levy Election

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(KNUJ) The Gibbon Fairfax Winthrop (GFW) school board unanimously approved holding an operating levy election on Tuesday, Aug. 11 (Primary Election Day), at an electronic meeting Wednesday.

The 10-year operating levy hike would be $1,406 per pupil unit. The levy hike would boost annual property taxes on a home valued at $100,000 in the school district by $200 a year, starting with 2021 property taxes.

If approved, the levy would help the school district climb out of statutory operating debt defined as a year-end net negative unreserved general fund balance exceeding more than 2.5 percent of unreserved/undesignated operating expenditures.

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