The Cost

The cost is Zero.  
But is indexed to inflation.

For the past 10-years, the New Ulm operating levy has been indexed to inflation. This means that voters approved the school district to collect more funds each year by the amount of the increase in inflation, typically around 2-3% more each year. While the increase to the taxpayer is not large, it allows the buying power of referendum revenue to remain at the same level as it was in the year it was approved. We’re proposing to maintain an operating levy indexed to inflation for the next 10 years, as well.

Tax impact for selected property values
(click on image below for printable pdf)​