This document summarizes the proposed budget and expenditures for a school district for the 2008-2009 school year. It outlines increases in instructional costs, transportation costs due to rising gas prices, and health insurance costs. It also describes STAR exemptions that help reduce property taxes for homeowners and highlights achievements and opportunities across grade levels in the district. The proposed $20.7 million budget represents a 2.42% tax rate increase from the previous year. Voters will be asked to approve the budget and purchase of new buses without tax impact.