August 29, 2024 To follow the Special Meeting and Budget Hearing - Board Budget Retreat
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1. Call To Order
Discussion:
Called to order at 7:45 AM.
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2. Correspondence/Guests/Public Comment to the Board of Education
Discussion:
There were no members of the public present.
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3. 2024-2025 Budget Scenarios
Discussion:
a. Mr. Furrow shared financial information with the board and proposed 3 different budget options. After discussion Mr. Furrow will present to the board in the September special hearings a budget consisting of the following:
i. General Fund Tax Asking - $3,232,429 ($4019 less than 23-24)
ii. General Fund Levy - 0.649884 (0.01945 less than 23-24) iii. Special Building Fund Tax Asking - $50,000 ($86,364 less than 23-24) iv. Special Building Fund Levy - 0.010053 (0.018149 less than 23-24) b. With state foundation aid and special education reimbursement included, this represents a 3.66% overall growth in revenue for the 2024-25 school year.
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4. Adjournment
Discussion:
Adjourned at 8:04 AM.
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