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    March 24, 2021
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Resolution of Intent to Impose an Increase in Levies St. Regis School District As an essential part of its budgeting process, the St. Regis School District Board of Trustees is authorized by law to impose levies to support its budget. The St. Regis School District Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1, 2021, using certified taxable valuations from the current school fiscal year as provided to the district. REQUIRED SB307 NOTICE (MILLS CALCULATED USING PRIOR YEAR TAXABLE VALUE): 2020-21 Actual Levies 2021-22 Projections. Est Annual Tax Est. Annual Tax Change Impact $10OK Impact $200K Mils Fund Transportation s Bus Depreciation $ Change S (10,777) Mils Mils 37.66 $ home home 193,514 39.87 S 182,737 (2 22) S (3.00) S (6.00) 20,000 4.12 $ 20,000 4.12 $ Tuition 2,000 0.41 $ 2,000 0.41 S 0.55 $ 1.10 Adult Ed $ Building Reserve Permissive s 3.73 $ (0.27) $ 0.10 $ 19,436 4.00 $ 4.05 S 52.04 $ 18,109 (1,327) (0.36) $ (0.72) 0.28 19,639 252.589 20,163 4.15 $ 524 0.14 $ Grand Total 243.009 50.06 $ 19.580) (1.98) $ (2.67) $ (5.34) *impacts above are based on current certified taxable valuations from the current school fiscal year and are only estimates at this time. Regarding the increase in the building reserve levy referenced above, the following are school facility maintenance projects anticipated to be completed at this time: 1. Roof Maintenance 2. Boiler Upgrades 3. Gym Floor Replacement 4. Flooring/Carpeting Therefore, the St. Regis School District Board of Trustees adopted the above notice of changes in permissive levies for the 2021-2022 school year on the 18th day of March, 2021. 448026 MNAXLP Resolution of Intent to Impose an Increase in Levies St. Regis School District As an essential part of its budgeting process, the St. Regis School District Board of Trustees is authorized by law to impose levies to support its budget. The St. Regis School District Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1, 2021, using certified taxable valuations from the current school fiscal year as provided to the district. REQUIRED SB307 NOTICE (MILLS CALCULATED USING PRIOR YEAR TAXABLE VALUE): 2020-21 Actual Levies 2021-22 Projections. Est Annual Tax Est. Annual Tax Change Impact $10OK Impact $200K Mils Fund Transportation s Bus Depreciation $ Change S (10,777) Mils Mils 37.66 $ home home 193,514 39.87 S 182,737 (2 22) S (3.00) S (6.00) 20,000 4.12 $ 20,000 4.12 $ Tuition 2,000 0.41 $ 2,000 0.41 S 0.55 $ 1.10 Adult Ed $ Building Reserve Permissive s 3.73 $ (0.27) $ 0.10 $ 19,436 4.00 $ 4.05 S 52.04 $ 18,109 (1,327) (0.36) $ (0.72) 0.28 19,639 252.589 20,163 4.15 $ 524 0.14 $ Grand Total 243.009 50.06 $ 19.580) (1.98) $ (2.67) $ (5.34) *impacts above are based on current certified taxable valuations from the current school fiscal year and are only estimates at this time. Regarding the increase in the building reserve levy referenced above, the following are school facility maintenance projects anticipated to be completed at this time: 1. Roof Maintenance 2. Boiler Upgrades 3. Gym Floor Replacement 4. Flooring/Carpeting Therefore, the St. Regis School District Board of Trustees adopted the above notice of changes in permissive levies for the 2021-2022 school year on the 18th day of March, 2021. 448026 MNAXLP