Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
Levy revenue supports staffing, capital projects: district reports FY25 excess-levy results
Summary
Officials presented the annual excess-levy statement: the levy provides roughly $22.8 million per year and supported salaries, capital projects and extras; FY25 collections exceeded the call and excess was moved to capital projects, though staffing supports ran over budget.
Mr. Butcher presented the annual excess-levy report, saying the district's current excess levy began in fiscal year 2025 and runs through FY29. "Our current excess levy call currently sits at $22,800,000 a year," he said, and reported FY25 collections of $28.9 million with expenditures of about $24.1 million and designated balances left for capital projects (about $2.33 million).
He detailed budget drivers and variances: the levy funds salary supports (professional staff and fringe), instructional supplies, technology, maintenance and certain student supports; salary and fixed-cost supports for FY25 were budgeted at about $15.68 million but actual costs exceeded that by roughly $3.3 million. The presenter said $2.422 million of collections over the call were transferred to the permanent improvement/capital projects fund for projects including Independence High track ($973,000) and tennis court rehabilitation ($92,525).
Board discussion: Members noted countywide property-assessment adjustments and asked whether assessments affected levy receipts; the presenter stated the district has no role in assessed valuations, and acknowledged community concerns about rising property assessments.
Outcome and next steps: The board thanked voters and taxpayers for levy support; no changes to levy policy were proposed at this meeting.
