Want to estimate what the recent Stanley-Boyd district tax levy will mean to you personally? If so, just take the equalized value in U.S. dollars of any land or buildings that you own, convert the comma furthest to the left on this into a decimal point (taking out all other commas or decimals), then enter the resulting number into a calculator and multiply it by $6.92, the rate per $1,000 just approved at the October 26 school board meeting for this year’s local taxpayer contribution to S-B district education. Once you have your result, take the number and add a comma as needed for every three spaces from the right. Do this and you should have some idea what you’ll be expected to pay towards local education spending this year, while individual tax assessments will depend on your property holdings. Speaking of local district taxes, Stanley-Boyd superintendent Jeff Koenig had a side note to voice on the matter.

“I’m always leery of that,” he said of the school levy decrease of last year followed by a projected increase this year. People like it when their taxes fall, but not so much when their taxes increase, Koenig related. As it turned out though, there wasn’t much reason to be worried about any major tax complaints, as the projected school levy increase to $7.81 fell instead to $6.92, with details on the revenue limit worksheet at the front of the budget handbook, approved at the October 26 meeting.

Starting at the top of the worksheet, a Base Revenue figure of $10,579,307 for 2019-20 was calculated from Funds 10, 38, and 41, translated as the general fund (10), debt service fund (38), and capital projects fund (41).”

Listed below base revenue is the current district “member” (official enrollment) calculation from September last year of 1,083 students, something Koenig made a note on at the meeting. While the official “FTE” full time enrollment was down at Stanley-Boyd for 2020 at 1,074 students, the actual enrollment for the district was steady or going up he said.

FTE enrollment is the official calculation used by the state to determine aid and uses a three-year rolling average, meaning that a single low-enrollment year can stay with the district beyond its ending in time on the calendar.

Regarding the official enrollment figure for the 2020-21 school year of 1,074, each student brings in $10,000 to the public school district, with local taxpayers also funding $49,800 to local private school education. Taking 1,074 students and multiplying this by $10,000 per student, brought out the 2020-21 revenue limit with recurring exemptions to 10,740,000 at Stanley- Boyd. Adding in an additional $141,347 in non-recurring exemptions for declining enrollment ($90,000), refunded or rescinded taxes ($1,547), and a Private School Voucher Aid Deduction on line I. of the worksheet ($49,800), resulted in a figure of $10,881,347 for the revenue limit with all non-recurring exemptions counted. With a figure for General State Aid of $8,1010,668 once all the sources are detailed ($8,013,930 base; $73,986 for high poverty; $3,023 for exempt computers; and $10,729 for exempt personal property), the allowable limited revenue to be chipped in by local taxes to district funds 10, 38,