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Perrydale SD 21 board adopts $8.95 million budget for 20242D25

Perrydale School District 21 Board of Directors · June 17, 2024
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Summary

The Perrydale School District 21 board approved the 20242D25 budget totaling $8,953,026, setting a permanent-rate tax and allocating $200,000 for bond debt service. The vote was taken by voice and passed with no opposition.

Perrydale School District 21's board of directors on a voice vote approved the district27s 20242D25 budget, authorizing total appropriations of $8,953,026 for the coming fiscal year.

Chair moved the resolution adopting the budget and read the totals into the record: a general fund appropriation of $6,503,610; a special revenue fund of $2,036,891; a debt service fund of $317,525; and a capital projects appropriation of $95,000, for a combined all-funds total of $8,953,026. The board also directed $200,000 for general-obligation bond debt service.

The budget document as read by the Chair imposes a permanent-rate property tax shown in the resolution as $4.5657 per $1,000 of assessed value and lists a local option tax rate of 0 per $1,000. The board adopted the resolution as presented.

Board members voted by voice; the Chair called for ayes and, with no opposition, declared the motion passed.

Why it matters: the budget sets staffing, program and capital spending levels for the coming school year and establishes the district27s tax rates and debt-service funding for voters and property owners.

What comes next: the resolution and budget document will be kept on file in the district administrative office. The board continued with agenda items and later entered an executive session to discuss real-property negotiations.

Quote attribution: The Chair read the appropriations and moved adoption of the budget. "Total general fund appropriation, $6,503,610," the Chair read when presenting the resolution.