School Board Seeks Property Tax Hike To Fund New Budget

May 18, 2006
by: 
Dwayne Page

The Board of Education will be asking the county commission for a tax increase of from thirteen to twenty three cents to help fund the 2006-2007 general purpose and food service budget.

The school board adopted the tentative budget Thursday night.

Two options are being proposed for the county commission's consideration.

Under the first option, the school board proposes expenditures of $15, 880, 490 which is $1,190,133 more than proposed revenues of $14, 690, 357 ( including $950,000 appropriated from the Local Option Sales Tax Fund/Sinking Fund)

The board proposes to use $750,000 of the fund balance/reserves and reducing expenditures, but under this plan $440,133 in new money would be needed, requiring a thirteen cent tax increase for schools.

Under the second option, the school board still proposes expenditures of $15,880,490, which is $1,540,133 more than proposed revenues of $14,340,357 (including $600,000 appropriated from the Local Option Sales Tax/Sinking Fund)

The board proposes to use $750,000 of the fund balance/reserves and reducing expenditures, but under this plan $790,133 would be needed in new money, requiring a twenty three cent tax increase for schools.

The Tentative School Budget proposes the following extras:

A 2% salary increase for certified staff; degree advancement for certified staff; an increase in the Tennessee Consolidated Retirement Rate for Certified Staff to the new rate of 6.13%; benefits matching increased for certified and support staff; health insurance increased for certified staff and support staff; a 2% salary increase for support staff/step increases as per salary scale; an increase in the Tennessee Consolidated Retirement Rate for Support Staff to the new rate of 5.18%; an increase in school attendance clerks to 11 month positions; add another Central Office attendance clerk position at 10 months; increase the salary of a Computer Technician by $5,000; increase funds for textbooks; increase funds for utilities (electric and natural gas); increase funds for fuel (diesel and gasoline); Regular Capital Outlay 300,000; and Special Education Teacher positions as required (3).

The tentative budget will be presented to the Budget committee of the County Commission for consideration.

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