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SUPERINTENDENT IS REPORT AND AGENDA Regular Meeting of the Board of Education Independent School District No. 280, Rich field, Minnesota Rich field Public Schools inspires and empowers each individual
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Truth in taxation refers to the principle that local governments must provide transparency in the allocation of tax revenues and notify taxpayers about property tax increases and the rationale behind them.
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The purpose of truth in taxation is to ensure transparency and accountability in how public tax dollars are spent and to provide taxpayers with information regarding any increases in property taxes.
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The report must include proposed tax rates, any changes from previous rates, the total tax revenue expected, and the justification for any tax increases.
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