Early look at '10-'11 budget given Ellsworth School Board
A preview of the 2010-11 district budget was given to the Ellsworth School Board Monday.
Superintendent Barry Cain presented a proposed budget including a total levy of $7,843,995, representing a change of 1.93 percent from the past year, and a mill rate of 8.87, a change of 1.92 percent.
Total revenue in the proposal amounts to $16,887,376 and total expenditures are $17,094,959. Cain said a decline in the ending fund balance (at $2,690,131) is projected, though it's not as severe as in the past.
"We won't have the budget finalized until October," he said, emphasizing many important factors can change, such as student enrollment, property values, free and reduced meal program numbers, and open enrollment.
Enrollment becomes official on the third Friday in September, the superintendent said, while state funding will be further identified and the levy will be certified the following month. He explained funds in the budget item-by-item for the board's benefit.
The public will have a chance for input on what will still be a budget plan during the annual meeting, which Cain said is scheduled for Monday, Aug. 30, at 7:30 p.m. in the high school cafetorium. Three resolutions will be offered, regarding board salaries (recommended to stay as they are), the sale of property (small items and up to three school buses) and the aforementioned tax levy in the proposed budget ($7,843,995).
Read more in the print version of the Herald Aug. 11.