We're ready. >> We're ready. All right. Today is Tuesday, September 23rd, and we have a quorum. So, I will call this meeting to order. Our first order of business is to approve the agenda. Can I get a motion? >> Motion by Dan Arum. >> Second. >> Second by Erica Ellenberg. All those in favor of approving tonight's agenda say I. I. >> Any approve? Opposed? >> Agenda is approved. Our first item up for action is the preliminary levy certification for property taxes payable in 2026. And I will welcome up uh director of finance and operations order to take us through this board or do you remember you've seen this information several times and these are just final numbers that we've received from MDE. Um and this needs to be approved by September 30th. So that's why we're taking action at tonight's special session. So, thank you. >> Thank you for the introduction, Chair Gabler. Good evening, or good afternoon rather, members of the school board, Superintendent Bitman. As Chair Gabler just mentioned, we did uh preview um very preliminary information at our September 8th regular meeting. At that time, the Department of Education had not published the first edition of the levy limitation and certification report. Subsequent to that, we've had several different runs. Um, while those figures are still um, not fully completed, um, we're highly confident that the final figures that you'll see in December will be within 10 basis points of the numbers in the report that you're viewing today. I'm not planning to review um, every single levy category in great detail tonight. I'll simply provide a brief highlight over some of the major changes. Um, talk through some next steps, provide a little bit of supplementary information about jurisdictions um that affect the residents of Madina and then we will move it to you for formal action. In terms of the levy itself, unlike cities and counties, the school district, as you know, has very limited authority to set its own property tax levy and revenues for the subsequent school year. That is because in the state of Minnesota um the vast majority of the levy categories are in part or fully dependent on student enrollment. Um and some of the revenue that we get more than 85% is tied directly to student enrollment. And many of those components are actually tied to voter approval as well. More than 50% of our general fund revenue is tied in some way to voter approval. Primarily our operating referendum authority and capital projects levy. The enrollment that we've determined is adequate to finance our operations next school year is 8740 and measured as of adjusted daily membership or ADM and that's an increase over the 8670 that you levied for in December of 24 for the current fiscal year. Um that 8740 might be relatively conservative but we feel pretty strongly that's going to provide adequate funding for next school year. If we do end up serving more students, we'll get those positive positive adjustments two years subseque…