PROPOSED FINAL BUDGET FOR 2013 -14
At the regular meeting of the Board of Education on Wednesday, May 8, 2013 the following resolution was passed for the 2013-14 Proposed Final Budget:
202 Proposed Final Budget for 2013-14 School Year
Moved by Nelson and Reiniger that the Board of Education of the Muhlenberg School District present and make available the proposed final budget for fiscal year 2013-14, with additional revisions to be made as financial data is received, to be finally adopted on June 19, 2013. This proposed budget includes revenues totaling $49,084,258; the assigned PSERS fund balance of $570,000; expenditures totaling $49,654,258; and a millage rate of 26.81 mills (a 0.50 millage increase).
The proposed budget will be made available for public inspection for a period of at least twenty (20) days prior to final adoption and that notice be given to the public that the School Board intends to adopt the 2013-14 Final Budget at the Regular Meeting at the Muhlenberg High School First Floor Lecture Hall commencing at 7:00 p.m. on June 19, 2013.
Proposed Final Budget for 2013-14
Yeas: Heckman, Love, Mengle, Nelson, Reiniger, Seidel.
Motion carried unanimously.
PRELIMINARY BUDGET FOR 2013-14
At the regular meeting of the Board of Education on Wednesday, February 13, 2013 the board adopted the Preliminary General Fund Budget for 2013-14 school year in the amount of $49,892,461 containing a real estate tax inicrease in excess of the school district's Act 1 Index. (Proposed real estate tax rate of 27.7036 mills, an excess of 0.8148 mills above the state index of 26.8888 mills.)
Preliminary Budget for 2013-14
Be it further resolved, that the administration is authorized to take steps necessary to seek exceptions as required to account for any increase as indicated in excess of the Act 1 Index.
Notice of Act 1 Referendum Exception
ADOPTION OF FINAL BUDGET FOR 2012-13
At the regular meeting of the Board of Education of the Muhlenberg School District on Wednesday, June 20, 2012, the Board adopted the 2012-13 School Year Budget. The balanced budget has expenditures totaling $47,863,554. Revenues total $47,488,554 and the assigned PSERS fund balance totals $375,000. The millage rate of 26.31 mills depicts a zero "0" millage increase.
A copy of the Final Budget is attached below:
2012-13 Final Budget
PROPOSED FINAL BUDGET FOR 2012-13
At the regular meeting of the Board of Education of the Muhlenberg School District on Wednesday, May 9, 2012, the Board approved a Proposed Final Budget for the 2012-13 fiscal year which includes Revenue amount of $47,311,407; the assigned PSERS fund balance of $375,000; and Expenditures totaling $47,686,407. The budget reflects a millage rate of 26.31 mills (a zero "0" increase).
A copy of the proposed budget is attached below:
2012-13 Proposed Final Budget
The final budget to be adopted at the June 20, 2012 school board meeting.
PROPOSED PRELIMINARY BUDGET FOR 2012-13
The 2012-13 Preliminary Budget was presented at the December 5, 2011 school board meeting. The district's Act 1 Index is 1.7%, adjusted to 2.2%, for a maximum millage increase of .58 mils. The district has two options for compliance with the Act 1 Index - Resolution indicating it will not raise taxes above the index, OR, to pursue referendum exceptions. The Board shall act on this resolution at the December 14, 2011 meeting.
2012-13 Proposed Preliminary Budget
*documents require Acrobat Reader
Events for the week of June 19, 2013
The online calendar lists no events for this week
For a complete list of scheduled events, visit the calendar.