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Budget Hearing August 23rd, 2017
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Funds USD 409’s District budget utilizes 17 separate funds which are divided into operating funds and special revenue funds. School districts are authorized to levy property taxes for selected funds. We have 4 of these funds.
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General Fund Levy fund Uniform 20 mill state levy
The district can spend only the legal maximum general fund budget, except for reimbursements. Total revenues - $11,559,714 Last Year $10,453,819 Increase-$1,105,895
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Form 150
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Supplemental General Fund
Levy fund The maximum expenditures of this fund can be 30% of the general fund with a resolution Can go to 33% with an election Authorized to levy 30.00%, statewide LOB average is 30.00% Supplemental General Fund total dollars: 16-17 $3,578,462 17-18 $3,814,025 Increase of $235,563
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Capital Outlay Fund Levy Fund
Authorized by resolution subject to protest petition USD 409’s Capital Outlay Fund is authorized at 5-mill This budget has been prepared utilizing a 5-mill levyDeposit of interest earned on idle funds Used for construction, re-construction, remodeling, repair, purchase of equipment, maintenance, uniforms, maintenance/custodian salaries
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Bond & Interest Fund Levy fund Authorized by voter approval
State aid based on valuation-per pupil (for Atchison that amounts to 52%, up 7% from last year Maintain mill at
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Mill Levy History
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