SOUTH WAYNE - Black Hawk School District residents will have the chance to voice their opinions about the district's finances and make suggestions about how to solve its money problems at a special meeting next month.
The meeting will be held at 7 p.m. Monday, May 3, at the high school in South Wayne, Superintendent Charles McNulty said.
"We want to have a dialogue to talk about the district's financial condition," he said. "We want to get an idea of where the community wants to go."
The school board will make the final decision as to whether the district holds another referendum to allow it to exceed state-mandated property tax revenue caps, but the district wants to find out what residents think before making a decision, McNulty said.
Residents voted almost two-to-one April 6 against a recurring referendum, which would have allowed the district to exceed the property tax levy caps by $700,000 next year and $800,000 for the following years. The money would have been used for operational expenses. A recurring referendum has no end date.
In January, the board told residents it would hold a referendum in June if the April 6 referendum failed. However, after the vote and the fact other districts failed to pass referendums this spring, the board wasn't sure if it would suggest a non-recurring referendum again.
The district could use some of its $1.1 million fund balance to cover the expected $800,000 budget deficit next year, McNulty said. The deficit is due to a decline in state aid, he said.
The meeting will be held at 7 p.m. Monday, May 3, at the high school in South Wayne, Superintendent Charles McNulty said.
"We want to have a dialogue to talk about the district's financial condition," he said. "We want to get an idea of where the community wants to go."
The school board will make the final decision as to whether the district holds another referendum to allow it to exceed state-mandated property tax revenue caps, but the district wants to find out what residents think before making a decision, McNulty said.
Residents voted almost two-to-one April 6 against a recurring referendum, which would have allowed the district to exceed the property tax levy caps by $700,000 next year and $800,000 for the following years. The money would have been used for operational expenses. A recurring referendum has no end date.
In January, the board told residents it would hold a referendum in June if the April 6 referendum failed. However, after the vote and the fact other districts failed to pass referendums this spring, the board wasn't sure if it would suggest a non-recurring referendum again.
The district could use some of its $1.1 million fund balance to cover the expected $800,000 budget deficit next year, McNulty said. The deficit is due to a decline in state aid, he said.