At the June 21, 2018 School Board of Directors Meeting, the School Board approved the 2018-2019 Final General Fund Budget in the amount of $98,935,115.
The 2018/2019 Final General Budget was prepared with a 1.7% tax increase for a millage of 15.1138. The budget reflects a proposed deficit of $413,013.
Listed below are factors/highlights of the 2018/19 budget:
Tax Increase: 1.7%
Millage Rate: 15.1138
Total Budgeted Revenue: $98,522,012
Total Budgeted Expenses: $98,935,115
Expected Change to Fund Balance: -$413,103
Median Real Estate Assessment: $215,000*
Annual tax increase at median: $54*
Monthly tax increase at median: $5*
*These amounts assume an average assessment increase of 30.6%.