Tuesday, 18 September 2018
Login |  Register 
 
Find Products or Services in your local community
 
MSC News National Headlines U.S Health Tech Talk World Business Sports Top Headlines
Falls City School Board approves budget
09/13/2018

(KLZA)--The Falls City Board of Education conducted hearings on the proposed  budget and property tax request during their Monday evening meeting.  

Following the hearing, board members approved the budget proposal calling for a property tax requirement of $9,642,738. That figure includes an increase of $141,506 in cash reserves to support cash flow during months of low receipts.  

The General Fund budget increased by $182,597 or 1.5 percent for the next Fiscal Year with a property tax asking of $8.8-million. 

The Special Building Fund Budget increased by $109,159 to just over $614,000 while the Bond Fund budget decreased by just over $486,000 due to the early payoff of District bonds and utilization of bond reserves. The Bond Fund will require $223,419 in property taxes.  

The total property tax requirement is three percent less than last year, amounting to $294,264. 

The assessed valuation of property that lies within School District 56 decreased by $27,952,896 which is a 3-percent reduction from the previous year.  

 

© Many Signals Communcations
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.



MOST VIEWED STORIES
Creek crash driver dies, passenger remains critical
Young child tests positive for meth use
Hiawatha man killed in motorcycle crash
Suspicious vehicle sparks college alert
Creek crash claims second life
Injured child continuing to recover
One dead, one jailed, following standoff
Skate park push continues with community forum
Woman killed in Marshall Co motorcycle crash
Domestic violence service ends with vote
Click Here For All Stories

LATEST STORIES
Jefferson Co boil advisory lifted
Creek crash claims second life
Plea entered in Nemaha Co child sex case
One dead, one jailed, following standoff
Large-scale study aims to improve burning management of Flint Hills
Suspicious vehicle sparks college alert
No opposition to skate park proposal
Doniphan Co murder suspect enters plea
New phone scam reported locally
Atchison mascot forum postponed for tragedy
Click Here For All Stories

©2018 MSC News
Hiawatha, Ks 66434
EEO Public Report


Powered by Radio Media Group