It was a three meeting night for the Boscobel School Board on Tuesday. It began with a budget hearing, progressed to the annual meeting, and then was ended with the board’s regular monthly meeting.
The budget hearing lasted around 15 minutes. Attended by 12 members of the public, District Administrator Greg Bell explained the budget for the year and the levy.
The 2016-2017 budget and tax levy were unanimously approved during the annual meeting.
Details of the budget are:
Tax Levy: $2,917,018
Mill rate: $10.20 per $1,000 of equalized property
The general fund will be reduced to around $1.7 million, or 18% of total expenditures, Bell explained. He also noted that this was better than had been predicted the previous year due to revenues being somewhat higher than expected and expenditures much lower than expected.
Bell noted that the property tax represents about 29% of the total revenue the school receives. The rest is supplied through state aids.
Bell also pointed out that the school is being negatively impacted by open enrollment, with more students leaving the district to attend school elsewhere than coming in.
“This is a trend that needs to be watched,” Bell said.
Moving into the regular meeting, Bell reported that much progress has been made in special education Medicaid billing. The district has been behind for some time on this. Billing for the 2015-2016 year has been completed and submitted, the district administrator noted.
“Better yet, we are within a week to a week-and-a-half to being caught up this year!” Bell exclaimed.
For the complete article, please see the Oct. 27, 2016 issue of the Boscobel Dial.