The majority of school funding comes from the state. Community taxes account for 12-13% of the district operating budget.
People are the school district's greatest asset! Most of the money spent by the district is used to attract and retain great teachers.
Annual state funding increases have averaged under 2% over the last 13 years. This number has not kept up with inflation. This means that in order to offer the same opportunities that it did in 2008, the district needs additional funding today.
If state annual funding increases continue at low levels, the district will see a major budget shortfall in coming years without major program cuts or additional community funding.
Eliminating a budget shortfall can happen one of four ways:
1) State funding increases
This has not happened over the last decade, plus.
2) Reducing expenditures
Requires major cuts to student programs
3) Attract and keep students in the district
When students leave the district, schools lose
funding. The funding formulas are based on the
number of students served.
4) Implement a referendum
A referendum is a reliable way to meet budget
shortfalls and still offer small class sizes and a
wide variety of student opportunities.
35 school districts across the state are voting on referendums this year due to stagnant state funding. Referendums keep tax dollars local, going directly to school districts.