JUDA - Voters at Monday's annual meeting of the Juda school district approved an estimated tax rate for 2015-2016 of $12.17. This is down from the 2014-2015 rate of $12.69.
The total amount to be levied for the school district is down $26,259 from the prior year. In 2014-2015, the amount was $1,291,853 compared to $1,265,594 to be levied in the 2015-2016 school year. Overall, the expected revenues are up $64,374 from prior year and the projected expenses are down $31,182.
The district will use $136,670 from its fund balance to balance the budget in the coming year. The fund balance at the end of the year is projected at $394,484, still within the state guidelines. Due to decreases in funding for public education over the past years, the district has had to use $323,173 from the fund balance to balance the budget.
Superintendent Traci Davis reminded those present of the planned referendum next spring. The planned referendum will include a question to borrow money for capital items such as roof repair, technology and building upgrades. The second question would authorize the district to tax above the revenue limits for operational items. District residents are invited to speak to her and board members with any questions they may have.
In other action, the voters:
• Approved the board salaries of $100 for the president, $100 for the clerk, $60 for the vice president, regular meetings of $35 per member, special meetings of $25 per member and $30 per member for the annual meeting.
• Approved the 2014/2015 school fees and breakfast/ lunch fees.
• Designated the Sugar River Bank of Juda as the official place of depository.
• Authorized the board to furnish textbooks at the fees the board designates.
• Authorized the board to furnish school lunches at the fees the board designates.
• Authorized the board to engage Boardman and Clark as legal counsel as needed.
• Approved the district to provide transportation services to students.
• Set the date for the 2016 annual meeting for 7 p.m. Oct. 24 in the Technology room at the school.
The total amount to be levied for the school district is down $26,259 from the prior year. In 2014-2015, the amount was $1,291,853 compared to $1,265,594 to be levied in the 2015-2016 school year. Overall, the expected revenues are up $64,374 from prior year and the projected expenses are down $31,182.
The district will use $136,670 from its fund balance to balance the budget in the coming year. The fund balance at the end of the year is projected at $394,484, still within the state guidelines. Due to decreases in funding for public education over the past years, the district has had to use $323,173 from the fund balance to balance the budget.
Superintendent Traci Davis reminded those present of the planned referendum next spring. The planned referendum will include a question to borrow money for capital items such as roof repair, technology and building upgrades. The second question would authorize the district to tax above the revenue limits for operational items. District residents are invited to speak to her and board members with any questions they may have.
In other action, the voters:
• Approved the board salaries of $100 for the president, $100 for the clerk, $60 for the vice president, regular meetings of $35 per member, special meetings of $25 per member and $30 per member for the annual meeting.
• Approved the 2014/2015 school fees and breakfast/ lunch fees.
• Designated the Sugar River Bank of Juda as the official place of depository.
• Authorized the board to furnish textbooks at the fees the board designates.
• Authorized the board to furnish school lunches at the fees the board designates.
• Authorized the board to engage Boardman and Clark as legal counsel as needed.
• Approved the district to provide transportation services to students.
• Set the date for the 2016 annual meeting for 7 p.m. Oct. 24 in the Technology room at the school.