Note: county sends out the notices showing the increases/decreases
Townships set their budgets in the spring.
Was approved at our June meeting and is usually revised around February.
The school district has five different revenue and expenditure funds. Four of those funds are made up of state and local levy: General, Community Ed, Building Fund & Debt Service We have 16 years left in the maximum effort program.
Note: This Budget was approved in June 2010 and does not include the additional enrollment of approximately 69 students.
As our enrollment either decreases or increases our revenues does the same
People have mentioned they believe we spend a lot of money on extra-curricular within the district, note overall expenditures in activities is only 5% of our total budget and also includes internal activity accounts in which students and parents fund raise for additional items for there specific program. Districtwide includes nursing services for the district, insurance property and liability, technology, integration program, districtwide staff development, school board, and district office. Each of the buildings include the administration for that building, teachers, aides, secretarial, equipment and supplies. Maintenance includes all staff for that area, health and safety, capital, grounds and facility upkeep. Transportation includes all staff for that area, busses, equipment and supplies needed and insurance for the fleet.
How much of our budget is salaries 82% Other Includes: supplies, capital expenditures, consulting, etc.
Our Food Service Fund is Self Sufficient and we have participation of approximately 93% within all three schools
The maximum effort program that we are in affects the tax levy for district 51 with the base of the formula being 28% of ANTC.
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General Education Aid Revenue is an estimate. Levy piece of this doesn’t necessarily help pay for operational salaries..
LEARNING LEVY $ 255,903.46 CAREER & TECH LEVY $ 30,344.00 EQUITY LEVY 137,807.83 TRANSITION LEVY 9,856.72 LEASE LEVY 4,724.46 INTEGRATION LEVY 37,665.07 REEMPLOYMENT LEVY 20,349.97 ABATEMENT AID 435.88 TOTAL 497,087.39 Note: Deferred Maintenance has an expenditure budget of 7,000 because the district decided to add two years of Revenue together to do bigger projects the summer of 2011.
The market values are final and are not a subject for the upcoming budget hearings. They were discussed at the local board of review and county board of equalization hearings held earlier this year. (march and april) The final taxable market values may reflect a reduction under the limited value law. If this property is a qualifying homestead, the final taxable market values may exclude improvements which you made to this property.
If you have any questions regarding this presentation please call our Director of Finance, Michelle Czech at 320-968-8602.
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