Marshall School Board Proposes 1.11% Levy Increase for 2025
MARSHALL — The Marshall School Board is recommending a 1.11% increase in its property tax levy for 2025, raising the total to $7,971,809.32, up from $7,884,609.49 in 2024. This represents an $87,199.83 increase. Director of Finance Sarah Kirchner explained that property tax rates would rise modestly, with residential homesteads seeing a 1.14% increase, apartments a 1.43% increase, and farms a 0.048% increase. Relief for agricultural properties will continue through the Ag2School tax credit, which remains at 70%, and residential homesteads will benefit from expanded state homestead exclusions. Key drivers of the levy include funding for long-term facilities maintenance, community education, early [...]