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Hill City board approves large bills, accepts audit and sets levy for 2025
Summary
The board approved December bills totaling $721,890.92, reviewed current bills of $604,411.65, accepted the 2023-24 audit and set the 2024 payable 2025 levy at $941,475.97.
At its January regular meeting the Hill City Public School District board approved December 2024 bills totaling $721,890.92 and reviewed additional bills presented for payment through Jan. 10, 2025 totaling $604,411.65.
The December bills were presented by fund: General Fund $329,454.07; Food Service $17,312.77; Transportation $2,225.35; Community Service $17,449.25; Capital Expenditure $5,408.00; Construction Fund $78,254.60; Debt Service $271,786.88. The board also approved December receipts of $517,283.01 (General $450,063.79; Food Service $20,376.80; Community Service $30,066.90; Building Construction $2,191.30; Debt Service $14,584.22).
At the Dec. 16 meeting, the board accepted the 2023-24 audit report presented by Bergen KDV and set the 2024 payable 2025 levy at $941,475.97 on a motion that passed unanimously. Superintendent Max Torgerson advised the board that a change to the compensatory revenue calculation will reduce the district—s compensatory revenue by roughly $90,000 compared with the current fiscal year; board members noted that this shortfall influenced budget planning.
Board members recorded votes for the financial motions; most consent items and finance approvals passed unanimously (5-0 with one member absent on Jan. 27). The director of finance and operations said a revised budget will be presented at the February meeting.
