Dexter Community Schools Foundation Allowance

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Dexter Community Schools Foundation Allowance

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Dexter Community Schools 2018-19 Foundation Allowance $8,117 x 3,643.81 students* = $29,576,805** * Blended student counts 10% Feb 2018 and 90% Oct 2018 ** Includes adjustment for 137 students who are school of choice General Fund Revenue $41,579,893 71.1% Foundation Received from State Aid Fund Dexter Schools 2018 Taxable Value (non-primary residence) $264,344,912 * 18.0 mills + (commercial PP) $10,554,090 * 6.0 mills = $4,821,533 Dexter Schools 2018 Taxable Value (all properties) $1,332,417,299 * 6.0 mills = $7,994,503 = $8.0 million State Aid Fund and Foundation Allowance

Dexter Community Schools 2017-18 Foundation Allowance $7,905 x 3,624.68 students* = $28,626,626** * Blended student counts 10% Feb 2017 and 90% Oct 2017 ** Includes adjustment for 118 students who are school of choice General Fund Revenue $40,716,084 70.3% Foundation Received from State Aid Fund Dexter Schools 2017 Taxable Value (non-primary residence) $247,999,818 * 18.0 mills + (commercial PP) $9,845,288 * 6.0 mills = $4,523,068 Dexter Schools 2017 Taxable Value (all properties) $1,267,390,387 * 6.0 mills = $7,604,342 = $7.6 million State Aid Fund and Foundation Allowance

Dexter Community Schools 2016-17 Foundation Allowance $7,799 x 3,582.17 students* = $27,937,344** * Blended student counts 10% Feb 2016 and 90% Oct 2016 ** Includes adjustment for 118 students who are school of choice General Fund Revenue $39,035,555 71.6% Dexter Schools 2016 Taxable Value (non-primary residence) $242,687,920 * 18.0 mills + (commercial PP) $12,233,894 * 6.0 mills = $4,441,786 Dexter Schools 2016 Taxable Value (all properties) $1,223,034,077 * 6.0 mills = $7,338,204 = $7.3 million State Aid Fund and Foundation Allowance

Dexter Community Schools 2015-16 Foundation Allowance $7,693 x 3,550.05 students* = $27,301,355** * Blended student counts 10% Feb 2015 and 90% Oct 2015 ** Includes adjustment for 56 students who are school of choice General Fund Revenue $36,467,471 74.9% Dexter Schools 2015 Taxable Value (non-primary residence) $236,566,003 * 18.0 mills + (commercial PP) $12,383,713 * 6.0 mills = $4,332,490 Dexter Schools 2015 Taxable Value (all properties) $1,201,675,830 * 6.0 mills = $7,210,055 = $7.2 million State Aid Fund and Foundation Allowance

State Aid Fund and Foundation Allowance