• Introduction
  • Education
  • Operations
  • Debt Service
  • Budget Assumptions
  • Revenue Estimate
  • Spending Plan
  • Cash Flow
  • Misc.
    October 22, 2021

    Revenue Assumptions:

    • Transfer: Revenue will come partially from a transfer of $8,300,000 from the Education Fund
    • Miscellaneous Taxes: FIT, CIVET, and Excise taxes have been estimated proportionally the same as 2021. LIT taxes have increased for 2022. 
    • Building Rental: Revenue is projected about the same as the prior year
    • Total Revenue: Estimated to be $22,300,000

    Expenditure Assumptions: 

    • Staff changes:
      • Added 3.5 Custodians
      • Added 1 Security training and integration specialist
      • Added 1 Plumber
    • Utilities: We budgeted an additional $100,000 in total for utilities, which is a 3.4% increase.
    • Technology and Building Improvement Projects:  Expenditures will be partly in CPF and partly in an additional bond issue of $5,500,000 for building projects and technology. More details about expenditures can be found in the list of CPF and maintenance projects.
    • Bus Plan: 
      • Starting in 2021 we have begun purchasing propane fueled busses
      • We have assumed 5% inflation in the cost of buses each year
      • Replacement buses needed in 2022 are $973,000 to replace 9 buses at a cost of $120,000 each for 78-passenger buses and $65,000 for smaller buses
    • Gasoline: It is very difficult to predict fuel costs:
      2022 Bus Gasoline Budget
    • Total Expenditures:  
      • Estimated to be $22,300,000

    Tax Rate/Levy Expenditures:

    • Levy: This fund has a maximum levy that increases by a growth quotient every year. We estimate the maximum levy to be $12,342,016 for 2022.