Members of the Bellwood-Antis School Board of Directors met at the Myers Elementary School on Tuesday evening in order to conduct their monthly meeting.
During the meeting, the members of the school board have approved an increases taxes for the residents of the Bellwood-Antis Antis School District for the first time in three years. This tax increase comes on the heels of a proposed final budget in the amount of $19,083,437 for the 2019-20200 school year.
According to Kimberly VanGorder, BA school business manager, “We are proposing an increase of .182 mills which is the equivalent of a 2 percent increase. This increase will generate approximately $105,000. The millage would increase from the current 9.14 to 9.322. The amount off increase to the average parcel that is proposed to be at a cost of $25.85.”
“There are no increases or are their any decreases in the number of personnel proposed for the 2019-2020 school year. Increases to the budget are the normal contractual increases, including salaries, retirement and healthcare,” VanGorder stated.
The proposed preliminary final budget is broken down as follows:
-Budgeted expenditures - $19,083,437
-Budgeted revenues - $18,080,363
-Budgeted difference - ($1,003,074)
-Balance with fund balance - $1,003,074
-Balanced 2019-2020 budget - 0
“The budget will become balanced due to using the $1,003,074 that will be taken from the district’s fund balance,” VanGorder added.
Due to stagnant revenues over the past several years, expenditures have increased. The increases that are taking place are needed in order to continue to run the current programs.”No one likes to see a tax increase, but this is what is needed in order keep programs in place,” Dr. Thomas McInroy, school superintendent stated.
Indications are that the school board had cut approximately $100,000 from the proposed budget.
During the meeting, the school board members also voted to transfer $1,000,000 in the general fund to the capital reserve fund. This will be needed in order to accommodate the future HVAC project that will take place at the high school and the middle school.
“All in all, the proposed budget for the 2019-2020 school year has an increase of $572,000,” according to Kimberly VanGorder.
The final action on the proposed budget is set for Tuesdays, June 18 to be held at 7 p.m. in the Myers Elementary School Large Group Instrcution room.