The Cost and Tax Impact

Explore financial information and the cost of the plan

On Tuesday, November 4, 2025, residents will vote on a $15.95 million bond referendum to build a new multi-purpose addition to our junior/senior high school including health and fitness space, improving our Career and Technical Education (CTE) space with additional equipment and furnishings, relocating our wrestling space inside our 5-12 building and renovating the space to better support our student athletes’ needs, and addressing critical deferred maintenance needs.

Across the State of Minnesota, facility improvements for public schools are funded through property tax increases. Our district and school board are committed to using taxpayer dollars wisely across all areas, particularly for a proposed building bond referendum like ours. We have worked carefully to ensure that the proposed $15.95 million bond referendum reflects residents' priorities and provides high value for taxpayer investment in our school. 

Your individual tax impact will depend on the value of the property you own. For a $250,000 residential home in the district, the estimated  tax increase would be $8.17 per month starting in 2026. For an agricultural homestead with an estimated market value of $9,000 per acre, the estimated tax impact would be $0.04 per acre per month ($0.59 per acre per year) starting in 2026.

Attention agricultural landowners

The State of Minnesota’s Ag2School Tax Credit is a 70% tax credit provided to all agricultural property except the house, garage, and one acre surrounding an agricultural homestead. This is not a tax deduction, but a dollar-for-dollar credit with no application required. This credit would remain at 70% for the life of the bond.

This tax credit reduces the contribution percentage for agricultural landowners. If the proposed plan is approved, approximately 42% of the total bond referendum’s principal and interest will be covered by the state’s 70% tax credit.