10/17/17 – The Mayville School Board approved the preliminary budget for the 2017-18 school year at their meeting last night. The $14.7-million-dollar document has an estimated tax levy near $5.5-million dollars. Superintendent Scott Sabel says the proposed mill rate of $11.04 per $1,000 dollars of assessed value would be around $3 dollars more than the previous year. The reason behind the increase is the $24.5-million dollar referendum that was passed last spring addressing maintenance issues at the elementary, middle, and high schools. Sabel says changing enrollment numbers effected the amount of state-aid they received. Sabel says the district received roughly $60,000 dollars less in state aid than anticipated. However, Sabel points out he is pleased with the $200-dollar-per-pupil increase in categorical aid which he says helped shape a sound budget. He says the district received $271,000 from the program and with a decreasing tax levy and shrinking revenues, those dollars would have been a big shortfall. The Mayville School Board will meet on October 30 to vote on final adoption of the budget.
1 month ago
1 month ago