Proposed Budget

July 1 - June 30 DISTRICT BUDGET Budget Approved in August by Finance & SB Budget Hearing/Annual Meeting in Sept. Budget Finalized in October by Board

Property Value – October 1 Student Enrollment - 3 rd Friday in September Transfer of Service State Aid - October 15 Budget Factors

State Aid: District Property Value and Prior year average of Sept. and Jan. Enrollment. Revenue Limit: District Property Value, 3-year average of Sept. and Summer School Enrollment, Transfer of Service, Prior Year Spending, Referendums, and State Aid. Budget Factors

Estimated State Aid

Property Values Property Values

Operational Referendums

Budget Revenues: State Aid and Taxes Budget Expenses: Salaries and Fringes Transportation Insurance Supplies and Equipment Maintenance Utilities Contracted Services

GENERAL FUND (FUND 10) $27,208,085 DEBT SERVICE (FUND 30) $326,000 Maintenance Referendum Funds that Impact the Levy: CAPITAL PROJECTS (FUND 40) $0.00

Fund Receipts Expenditures General Fund (Fd 10)27,208,085 Debt Service Fund (Fd 30) From Fund Balance 320,200 5, ,000 Capital Expansion Fund (Fd 40)00 Funds 10, 30, 40 are used in the Levy calculation. Funds 20, 50, 60, 70, 80, 90 are not used to calculate the Levy. 27,534,085

Budget to Taxy Levy To determine the property tax levy: Revenue Limit - minus State Equalization Aid = equals Property Tax Levy

PROJECTED LEVY

Each municipality’s share of the levy is determined by its share of the total equalized value County Municipality Value Valuation % ColumbiaC Portage$538,712, % 47.54% ColumbiaT Caledonia $179,318, % 15.03% ColumbiaT Dekorra $191, % ColumbiaT Ft. Winnebago $71,763, % 6.06% ColumbiaT Lewiston $116,609, % 10.13% ColumbiaT Marcellon $1,067, % ColumbiaT Pacific $172,321, % 14.74% ColumbiaT Wyocena $4,256, % MarquetteT Douglas $16,374, % 1.43% MarquetteT Moundville $43,649, % 3.42% MarquetteV Endeavor $14,029, % 1.13% SaukT Greenfield $391, %0.04% TOTAL12 Municipalities $1,158,687, % County Municipality Value % % ColumbiaC Portage$538,712, % 47.54% ColumbiaT Caledonia $179,318, % 15.03% ColumbiaT Dekorra $191, % ColumbiaT Ft. Winnebago $71,763, % 6.06% ColumbiaT Lewiston $116,609, % 10.13% ColumbiaT Marcellon $1,067, % ColumbiaT Pacific $172,321, % 14.74% ColumbiaT Wyocena $4,256, % MarquetteT Douglas $16,374, % 1.43% MarquetteT Moundville $43,649, % 3.42% MarquetteV Endeavor $14,029, % 1.13% SaukT Greenfield $391, % 0.04% TOTAL12 Municipalities $1,158,687, %

PROJECTED TAX IMPACT $9.98 Mill Rate $100,000 Home $998. Tax Amount

Mill Rate – History

MILL RATE COMPARISON

Note: Budget adjustments are made in October based on student enrollment, state aid certification, transfer of service allocation, district adjustment, the state voucher program, and property valuations.