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The millage request is higher than has been typical in the past. The
reason is a decrease in district valuation. The district has been aggressive
in making budget cuts to bring expenses in line with decreased revenue.
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Typical millage request
for operating expenses |
5.5 mills
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*Because of decreased valuation, what it takes now to raise the same
amount of money that 5.5 mills used to raise: |
6.3 mills |
| PLUS
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| Millage
needed to make up for lost revenue due to a decrease in district
valuation ($375,000 in FY ’11): |
+ 2.3 mills |
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Total millage need |
8.6 mills |
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LESS one mill due to additional budget cuts
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- 1.0 mill |
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|
LEVY REQUEST |
7.6 mills |
Without
Phase I and Phase II budget cuts already enacted by the district, the levy
request would have been closer to 13 mills.
This
levy allows the district to continue offering current programming.
This does not provide money for any additional programs. With impending cuts
in state funding, even with passage of this levy, the district will have to
continue cutting expenses to maintain a positive carry-over balance.
Kevin S.
Miller, Ed.D.
Superintendent
Board
of Education members:
Gary
Wilson (419-531-2569) John Lewis (419-531-9566) Gretchen Rohm
(419-535-0604)
Brad
Johnson (419-531-2443) Troy Greeley (419-531-0076)
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