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GRAIN VALLEY R-V board approves budget amendment adjusting collection rate, bond spending

October 17, 2025 | GRAIN VALLEY R-V, School Districts, Missouri


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GRAIN VALLEY R-V board approves budget amendment adjusting collection rate, bond spending
The Grain Valley R-V Board of Education voted to approve a budget amendment that lowers the district's projected local tax collection rate and records additional bond spending.

The amendment reduces the collection-rate assumption from 97 percent to 95 percent and recognizes $327,000 in spending from the spring 2023 bond issue. Dr. Crowley, who led the presentation, said the district "budgeted 97% collection rate" and "actually ended up with a 94% collection rate at the end of last year," citing a combination of late payments, protested taxes and possible effects from recent state legislation as factors. He told the board the amendment produces a shortfall on the operating page of roughly $383,000 but noted much of that reflects planned bond expenditures rather than a permanent revenue loss.

Board members asked for clarification on a line item that showed a negative ending balance on an attachment; Crowley said staff would investigate and correct any accounting placement errors. Crowley also noted the district's projected ending fund balance increased slightly under the amendment, from 21.25 percent to 21.76 percent of the budget, and said the district prefers to hold at least 22–23 percent.

Why it matters: The change affects the district's near-term revenue assumptions and recognizes previously unbudgeted bond spending. Board discussion cited the district's need to track long-term impacts of state tax changes and tax protests, and to ensure internal accounts reconcile correctly.

What happened next: A board member moved to approve the amendment; a second was given, and the board president called for the vote. The board voted in favor; the chair declared, "Motion carries." The vote was recorded by voice with no roll-call tally printed in the meeting minutes.

The board did not take additional budget or policy action at the meeting; staff committed to follow up on the negative-line-item question and to return corrected documentation if needed.

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