Revenue Assumptions:
- Revenue is based on a maximum tax rate of $0.2543
- $1,297,873 in additional levy for utilities (same as past years)
- Miscellaneous taxes same as 2017
Expenditure Assumptions:
- Expenditures will be partly in CPF and partly in an additional bond issues of $1,990,000 for building projects and $1,990,000 for technology
- Expenditures will be limited by available revenue
- More details about expenditures can be found in the individual site plans and the list of CPF projects
Tax Rate/Levy Assumptions:
- This fund is capped by a maximum rate, determined by a state formula.
- Maximum rate for 2018 has been estimated at $0.2543. Here is how it compares to prior years’ maximum rate:
|
Year
|
2009
|
2010
|
2011
|
2012
|
2013
|
2014
|
2015
|
2016
|
2017
|
2018
|
|
Max Rate
|
$.2857
|
$.2787
|
$.2784
|
$.2651
|
$.2795
|
$.2662
|
$.2657
|
$.2611
|
$.2583
|
$.2543
|
