BOE Budget Session #1 Highlights

• Proposed Tax Levy Increase is within State Mandated Guidelines

• 2012/2013 Proposed Budget of  $104,976,751 represents a 3.82% increase compared to a year ago.
  • Included in the Budget is $1.125 million in debt service associated with the School Bond. The School bond was already voted on and approved by the community in 2009.

• The proposed tax levy increase for 2012/2013 school year is 3.01% (excluding a 1.24% tax impact for the cost of the 2009 School Bond).  The total projected tax levy increase with STAR would be 4.25%

• Use of $1.1 million in Reserve Funds already incorporated in the budget in order to minimize the increase in the tax levy

• Administrative Reductions of 1.2 persons

• Teacher Reductions of 4.0 persons due to enrollment decline

• Minimal year-over-year increase in state aid of $86K

The PTA encourages all to attend the upcoming BOE meetings on the budget. These meetings are held at the High School at 8:15pm and they are your opportunity to be heard.

Tuesday, February 14th – Non Instructional/Administration

Tuesday, February 28th – Instructional

Tuesday, March 6th – Instructional and Wrap Up