Union achieves record positive results in FY25 financial report
LA PORTE CITY – The Union Community School District achieved record results on several financial indicators in fiscal year 2025, according to its financial report from the Iowa Association of School Boards.
For the 10th consecutive fiscal year, general fund revenues exceeded expenditures. The district also recorded its highest unspent authorized budget ratio and solvency ratio on record. In fact, the district’s solvency ratio exceeded the state average for the first time in more than 20 years.
Union’s property tax rate reached its lowest level in more than two decades, while other financial measures showed continued improvement, including stronger budget authority, lower expenditures as a percentage of revenue, and reduced open enrollment costs.
“These results reflect years of thoughtful planning and disciplined decision making,” Superintendent John Howard said. “Our board, staff, and community have worked together to prioritize financial stability while continuing to provide a high-quality education for students. Maintaining strong financial health allows us to invest in our schools today while preparing for the future.
The report also affirmed the district’s A rating for SAVE bonding, which is necessary for future facility improvements and infrastructure projects.
“We take our responsibility to be good stewards of taxpayer resources seriously,” Board President Ben Schemmel said. “The positive trends reflected in this report show that our district is making decisions that strengthen our financial position, support student success, and preserve opportunities for future generations.”






