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District projects $151.3M budget, roughly $5M short under current proposal
Summary
Superintendent's presenter told a public hearing the district projects $151,318,222 in expenditures against an estimated $145,999,738 in revenue, leaving about a $5 million gap; board members and the public asked about staffing, capital projects and possible reductions.
The district presented a proposed $151,318,222 budget at a public hearing, with officials estimating revenue at $145,999,738 and a gap of about $5 million under the current plan. "That means we're about 5,000,000 short at at this calculation and this proposal," the presenter, Mister Love, told the audience.
Dr. Quinn and Mister Love explained that the revenue calculation relies on state aid, local property tax collections and projected miscellaneous receipts; Dr. Quinn flagged a change that moved the mills estimate from 17.2 to 18 after adjustments to staffing for CTE sections. The presenters said county and state figures will firm the revenue side after June, and staff will return with any corrections prior to a formal vote.
Board members pressed staff on the assumptions driving the projection, including enrollment growth and timing differences between cash receipts and year-end expenditures. Mister Love said the revenue projection uses a 98% collection factor for local taxes and acknowledged the district will continue refining numbers as county and state reports are received.
