1. Budget Hearing Sept. 12, 2011

2.  The “Budget” ($9,131,600 expenditures)  Disbursements/Transfers- $10,305,826 Salaries and Benefits - $7,154,154 Supplies, Equipment, Capital - $734,500 Purchased Services and Other - $927,946 Transfers - $315,000 Future Budget Authority - $1,174,226  Cash Reserve - $500,000 Property Tax Requirement - $4,581,818  Valuation - $484,766,851  Projected Levy. $.9451 per $100 valuation

3.  Facilities improvement or acquisition  Budget of Expenditures - $400,000  Property Tax Requirement - $202,000

4.  Sub-fund of General Fund  Spread out costs of items such as busses, roof replacement, computers, etc.  Budget of Expenditures - $850,000  Non-taxing fund.  Primary resource is from General Fund transfers.

5.  Nutrition Program  Budget of Expenditures - $535,500 Salaries and Benefits - $185,500 Cost of Food - $250,000 Supplies, Equipment, Repairs - $20,000 Reserve authority - $80,000  Revenue Sale of Meals - $200,000 Fed/State Reimbursement - $255,000 Can be subsidized by General Fund.

6.  Unemployment, early retirement, association dues deductions, etc.  Budget of Expenditures - $240,000  Association dues are deducted from salaries and paid from this fund.  No early retirement at this point.  Non-taxing fund.  Primary resource is from General Fund transfers.

7.  Quasi-independent student organizations.  Budget of Expenditures - $500,000  Annual transfer from General Fund - $15,000 for general activities.  Non-taxing fund.

8.  Retirement of Bonds for 2004 building project.  Budget of Expenditures include 3 payments due to timing of fiscal year.  Actual payment $809,000 for 2012 calendar year.  $8,885,000 left on the Bonds  Last payment will be in 2024

9.  Monies collected from students is distributed to programs at the end of the year.  Budget of Expenditures - $30,000

10.  Resolution to adopt the budget as presented will be considered during regular meeting.

11. Thank You!

12. Tax Request Hearing Sept. 12, 2011

13.  Tax Request - $4,581,360  Valuation - $484,766,851  Projected Tax Levy - $.945 per $100 valuation.  Minimum levy penalty assessed if levy is below $.945 (Gen Fund Only)  Maximum is $1.05 per $100 valuation. (Gen Fund and Building Fund, $306,692 is available but not accessed.)

14.  Tax Request - $202,000  Valuation - $484,766,851  Projected Levy - $.0417 per $100 val.  Estimated balance - $150,000  Total levy applied to $1.05 limit is $.9867 per $100 valuation (Gen + Building)

15.  Tax Requests  K-8 Bond - $302,323 Valuation - $296,860,098 Projected Levy - $.1018  9-12 Bond - $514,767 Valuation - $484,766,851 Projected Levy - $.1062  Total Bond Levy - $.2080

16.  General Fund $.9451$4,581,360  Building Fund $.0417 $202,000  Bond Fund $.2080 $817,090  Total $1.1948$5,600,450

17.  Resolution to set the tax request for the General Fund, Special Building Fund, Affiliated Bond, and District #20 Bond as presented will be considered during regular meeting.

18. Thank You!