The Stanley-Boyd School Board moved to approve district office plans at a special board meeting Oct. 13, opening the door to put the plans out for bid. Paid for with Fund 46 Capital Improvement …
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The Stanley-Boyd School Board moved to approve district office plans at a special board meeting Oct. 13, opening the door to put the plans out for bid.
Paid for with Fund 46 Capital Improvement savings if the resulting bids are approved, the secure entryway represents an attempt by the School Board to answer community concerns on safety, after the failure of a referendum related to a gym and cafetorium.
Also in school news from Stanley-Boyd, the annual school budget hearing will take place Monday, Oct. 27 at 8:00 p.m. in the high school library.
The levy mill rate as projected this year is $5.382 per thousand, down 76 cents from last year. The local levy looks to raise $3,651,142, divided between the general fund ($3,401,142) and the Community Service Fund ($250,000).
The fund balance going into the budget is $3,675,229.11, with federal, state, local and other aid providing an additional $16,649,954.67.
Total gross expenditures for the 2025-26 budget year are $21,530,348.13, with interfund transfers bringing this down to $20,076,561.88, leaving a difference of $248,621.90 less in expenditures as compared with revenue and fund balances.
District superintendent Jeff Koenig explained the difference.
“The big difference between our revenue and expenditures is our Fund 46 expenses,” he said. “We saved money in previous years for facility upgrades. We are spending the money in this fiscal year on the gym upgrades, air conditioning in the elementary, and preliminary work on the district office project.
“We received our certified information from DPI on October 15 and although the mill rate will still be going down, it isn’t going to go as low as I was first projecting. I knew our state aid would be lower than what the state projected on July 1, but it was lower than I had projected. The mill rate is now projected to be $5.382 per thousand. Down about $0.76 from last year.”
Once against, the annual school budget hearing is set to take place Monday, Oct. 27 at 8:00 p.m. in the high school library.
