LEVY REFERENDUM INFLATION FACTOR

Some of the school district levy referenda - perhaps all of them - on Minnesota ballots next month will include an inflation factor. The amount a school board is allowed to raise may increase by a factor of inflation each year of the levy. Crosby Ironton School District Business Manager Bill Tollefson said the automatic increase is something new in education finance. Both Brainerd and Crosby Ironton levy referenda include the inflation factor. Tollefson said the factor could apply each year in the ten year referendum and add onto the amount raised the year before.