2009 Payable 20102009 Payable 2010Levy CertificationLevy Certification
Independent School District 196Independent School District 196Rosemount-Apple Valley-Eagan Public SchoolsRosemount-Apple Valley-Eagan Public Schools
December 14, 2009December 14, 2009
Educating our students to reach their full potentialEducating our students to reach their full potential
AgendaAgenda
Levy certification processLevy certification process
Basic school fundingBasic school funding
2009 Payable 2010 Levy Analysis2009 Payable 2010 Levy Analysis
Levy Certification ProcessLevy Certification Process
Started in August – selection of Started in August – selection of hearing dateshearing dates
September – School Board set levy September – School Board set levy limitlimit
November – County sent out proposed November – County sent out proposed tax statementstax statements
December – Final levy certification by December – Final levy certification by School BoardSchool Board
How Schools Are FundedHow Schools Are Funded
State determines funding formulaState determines funding formula
Basic Funding Formula HistoryBasic Funding Formula History 01-0201-02 $4,068$4,068 02-0302-03 $4,601$4,601 03-0403-04 $4,601$4,601 04-0504-05 $4,601$4,601 05-0605-06 $4,783$4,783 06-0706-07 $4,974$4,974 07-0807-08 $5,074$5,074 08-0908-09 $5,124$5,124 09-1009-10 $5,124$5,124 10-1110-11 $5,124$5,124
How Schools Are FundedHow Schools Are Funded
State determines funding formula State determines funding formula Majority of revenue is determined by Majority of revenue is determined by
the number of students served in the the number of students served in the districtdistrict
How Schools Are FundedHow Schools Are Funded
State determines funding formula State determines funding formula Majority of revenue is determined by Majority of revenue is determined by
the number of students served in the the number of students served in the districtdistrict
Revenue = Formula x Pupils servedRevenue = Formula x Pupils served Under current law formulated revenues Under current law formulated revenues
are primarily paid by state aidare primarily paid by state aid
How Are Local School Taxes How Are Local School Taxes Determined?Determined?
Voter determinedVoter determined Bond votesBond votes Operating Levy votesOperating Levy votes
School Board decisionsSchool Board decisions Authority is limited through legislationAuthority is limited through legislation Special levy authority…Safe schools Special levy authority…Safe schools
levy, Alternative Facilities levy, Health levy, Alternative Facilities levy, Health and Safety levy etc.and Safety levy etc.
How Will This Impact How Will This Impact Taxes In The District 196 Taxes In The District 196
Community?Community?
Top Related