St. Mary Parish School Board adopts 2026 millage rates; bond mills adjusted
May 07, 2026 | St. Mary Parish, School Boards, Louisiana
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The St. Mary Parish School Board on its May meeting read and adopted the district's 2026 millage rates following the statutorily required public reading and a roll‑call vote.
Board finance staff told the board that property taxes provide a significant portion of local revenue, and presented figures the transcript records as budgeted property tax collections of $13.5 million toward a $90.8 million general fund for 2526 and a grand total of $21.3 million in budgeted property tax revenue. The board reviewed a resolution with millage lines for constitutional and maintenance district taxes and for bond retirement funds.
The board approved adjustments to several bond retirement mills during its reading of the resolution. The presentation stated that constitutional school district number one's bond rate would move from 8 mills to 6 mills, which the staff described as saving taxpayers about $284,000 in 2627; special school district number four's bond rate would move from 4 mills to 2 mills with an asserted savings of about $163,000; and Fifth Ward Special School District number one's bond rate would increase from 20 mills to 21 mills with an indicated additional cost described in the transcript. The board emphasized that these were renewals, not new taxes.
After the required reading of the resolution, the board took a roll‑call vote. Each member present was polled and the president announced that the motion carried.
The adopted resolution directs parish administration to spread the levied taxes on the 2026 assessment roll and to proceed with collection in accordance with law. The board packet and the legislative auditor's maximum millage report were cited by staff as the sources for the proposed rates.
What happens next: the taxes adopted tonight will be applied to the 2026 assessment roll and collected according to state processes; any future millage adjustments tied to a reassessment will be considered at the board's discretion at the next reassessment cycle.
Votes and procedural notes: the roll‑call adoption followed the board's reading of the resolution and was announced by the president as carried.
Board finance staff told the board that property taxes provide a significant portion of local revenue, and presented figures the transcript records as budgeted property tax collections of $13.5 million toward a $90.8 million general fund for 2526 and a grand total of $21.3 million in budgeted property tax revenue. The board reviewed a resolution with millage lines for constitutional and maintenance district taxes and for bond retirement funds.
The board approved adjustments to several bond retirement mills during its reading of the resolution. The presentation stated that constitutional school district number one's bond rate would move from 8 mills to 6 mills, which the staff described as saving taxpayers about $284,000 in 2627; special school district number four's bond rate would move from 4 mills to 2 mills with an asserted savings of about $163,000; and Fifth Ward Special School District number one's bond rate would increase from 20 mills to 21 mills with an indicated additional cost described in the transcript. The board emphasized that these were renewals, not new taxes.
After the required reading of the resolution, the board took a roll‑call vote. Each member present was polled and the president announced that the motion carried.
The adopted resolution directs parish administration to spread the levied taxes on the 2026 assessment roll and to proceed with collection in accordance with law. The board packet and the legislative auditor's maximum millage report were cited by staff as the sources for the proposed rates.
What happens next: the taxes adopted tonight will be applied to the 2026 assessment roll and collected according to state processes; any future millage adjustments tied to a reassessment will be considered at the board's discretion at the next reassessment cycle.
Votes and procedural notes: the roll‑call adoption followed the board's reading of the resolution and was announced by the president as carried.
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