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Superintendent warns proposed state tax overhaul could cut CLINTON CO. R-III revenue by about $756,000
Summary
At the March 18 board meeting, Superintendent Dr. Sandy Steggall told trustees that eliminating Missouri's income tax could lower district revenue by "approximately $756,000 annually." She also briefed the board on February finances and proposed changes to state school grading and funding formulas.
Dr. Sandy Steggall told the Board of Education on March 18 that a state proposal to eliminate Missouri's income tax could have a substantial effect on local schools, estimating "an estimated loss to the District of approximately $756,000 annually." She presented the district's February financial report and outlined potential changes to statewide school accountability and funding formulas.
The superintendent reported February totals of $490,594.89 in revenue and $1,666,744.22 in expenses. Fund 1 closed the month with $4,657,919.01 and Fund 4 with $539,361.89, figures Steggall provided during the finance update.
Steggall also reviewed proposed state-level changes that could affect the district's operations. She described a proposed A–F school grading system that would assign letter grades to districts based on APR and test scores, and she outlined suggested adjustments to the state funding formula, including changes to the minimum levy and the rollback cap. She said those measures, together or separately, could change the district's state revenue picture.
Board members did not take formal action on the legislative items during the meeting; the discussion was presented as an informational update. The superintendent indicated she would continue monitoring legislation and report back to the board as bills develop.
