Wednesday, October 31, 2018

Budget Season


During our annual meeting last month, community members received a detailed review of the school district’s 2018-19 budget and at the October 22, 2018 School Board Meeting, the Board of Education approved a levy of $26,570,826, which supports a district budget of $89,505,581 – an increase of 3.18% from the previous year. This levy will result in the school’s portion of our property taxes remaining stable at $9.19.

In addition, the Board shared with community members the proposed purchase of 10 acres of land directly in front of Bay Port High School.  After significant consultation with leaders in real estate, the community and local businesses, the district formed a plan to move forward with an offer.

The source of funds for the purchase will come from two sources:
·         $389,000 from the sale of surplus land
·         Approximately $1.5 million from an assigned district account of which the funds are specifically designated only for capital projects/purchases.

This acquisition represents the beginning of a long-term process in which the district is developing a “best-use” plan on leveraging this resource for future students. We hope the 2018-19 budget and this land purchase demonstrate to our community and students that we value their education today and well into the future.  If you have any questions for the Board of Education, please reach out to your Board member located in this article.   


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