2026 BOND REFERENDUM
South Sioux City Community Schools
THE ELECTION DATE IS
NOVEMBER 3RD, 2026!
NO TAX LEVY
INCREASE
HOW DOES A BOND HAVE A 0% LEVY INCREASE?
The 2026 bond proposal would be completed with no tax levy increase. The district can maintain its current levy through a combination of existing financial capacity, previous bond debt being paid off, and growth in the district’s property tax base.
The district has demonstrated a commitment to responsible financial management, reducing the mill levy by approximately 25% over the past five years. By paying off previous bond debt, carefully managing expenses, and using existing financial capacity, the district can address critical facility needs while maintaining the current tax levy.
Thanks to LB34, in 2025 / 26 all patrons of the district that paid property tax dollars towards the General Fund and Special Building Fund received tax credits equal to 30%. If you factor in the 30% tax credits, the NET levy for the district in 2025 / 26 was actually $0.6036.
DOES THAT MEAN MY PROPERTY TAX BILL WILL NOT INCREASE?
The district has structured the proposed bond issue based on historical data compiled over the last 20 years. The potential new money debt will be structured based on a very conservative growth factor, however, changes to the assessed valuation are outside of the district’s control. Based on this historical data, the district is committed to keeping its total tax levy at or below its current level.
Factors outside the district’s control include:
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Changes in a property’s assessed value determined through the county assessment process.
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Changes to the levies established by other taxing entities.
The school district controls its tax levy but does not determine the assessed value of homes, businesses, or other property. If a property’s assessed value increases, the tax bill may increase even if the school district’s levy rate remains unchanged.