School Board discusses cost of living tax for budget planning in Miami County

November 11, 2024 | Paola, School Boards, Kansas


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School Board discusses cost of living tax for budget planning in Miami County
At the Paola USD 368 School Board meeting on November 11, 2024, a significant discussion centered around the district's eligibility for cost of living adjustments, which could impact future budgets and operations.

Board members reviewed the criteria for qualifying for cost of living levies, emphasizing the importance of maximizing local option budgets (LOB) before pursuing additional funding. The district must maintain a minimum LOB of 31% to be eligible for these adjustments, which are based on the average appraised value of homes within the district. Currently, Paola is among 29 districts in Kansas eligible for this funding, alongside neighboring Lewisburg.

The discussion highlighted the fluctuating nature of eligibility, with past years showing varying amounts of funding available. For instance, while the district was eligible for a modest amount in the 2018-2019 school year, it saw a significant increase in potential funding this year, which could have reached over $511,000. However, board members cautioned against relying on this funding for ongoing expenses due to its unpredictable nature.

In addition to the cost of living discussion, board members expressed a desire to enhance communication with teachers regarding nominations for recognition, suggesting a more personal approach than simply sending emails. This initiative aims to foster a supportive environment and acknowledge the contributions of educators.

As the board moves forward, the implications of the cost of living adjustments will be closely monitored, particularly in light of housing market trends that could affect future eligibility. The board's proactive stance on budgeting and teacher recognition reflects a commitment to both fiscal responsibility and community engagement.

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