The Gibbon Fairfax Winthrop (GFW) school board unanimously approved holding an operating levy election on Tuesday, Aug. 11 (Primary Election Day), at an electronic meeting Wednesday. The 10-year operating levy hike would be $1,406 per pupil unit. The levy hike would boost annual property taxes on a home valued at $100,000 in the school district by $200 a year, starting with 2021 property taxes. If approved, the levy would help the school district climb out of statutory operating debt defined as a year-end net negative unreserved general fund balance exceeding more than 2 1/2 percent of unreserved/undesignated operating expenditures. The board also unanimously approved the City of Gibbon’s $50,200 offer for 9.2 acres of school property including the former Gibbon football field. Seifert said it is hoped the property transaction closes within 30 days.