1. Public hearing: 2016-2017 tax rate and budget
Ryan Kahlden
Assistant Superintendent of Business and Finance
August 29, 2016

2. General fund revenues expenditures Tax Rate: $1.17 / $100 valuation
Local: $39,842,820
State: $30,992,000
Federal/Other: $1,050,000
Total: $71,884,820
Payroll: $54,575,949
Cont. Svcs.: $4,828,107
Supplies: $3,658,408
Other: $2,463,596
Debt: $ 3,200,00
Total: $71,884,820

3. Interest & sinking fund
Revenue
expenditures
Property Taxes: $12,677,696
Subsidy: $100,000
Total Revenues: $12,897,696
Debt Obligations: $15,953,531
General Fund: $3,200,000
I&S Fund: $12,753,531

4. Capital Projects Fund
Budgeted Expenditures for : $60,000,000

5. Total Budgeted funds required to be adopted
General Fund: $71,884,820
Interest & Sinking: $12,753,531
Capital Projects: $60,000,000
Child Nutrition: $3,928,554
Child Care Fund*: $222,673
Community Education*: $20,000
Total Budget: $148,809,578

6. Proposed Tax Rates 2015 (Current) Tax Rate: $1.5539 per $100 valuation
2016 (Proposed) Tax Rate: $ per $100 valuation
$1.17 M&O Rate
$ I&S Fund Rate

7. Public comments