2018 tax revenue streams

Bluffton school board will act to approve 2018 tax revenue streams on Monday.

The action includes approving amounts required from the general property tax and from the county auditor’s estimated tax rates.

The attached school board packet breaks down in detail, general property taxes approved and the county auditor’s estimated tax rates.

It also shows the school district’s general fund and bond retirement and permanent improvement fund amounts.

The following summarizes those figures:
• Funds derived from levies outside the 10 mill limit = $3.9 million
• Funds approved by the budget commission inside the 10 mill limit = $703,543
• Current general fund expenses outside the 10 mill limit
  (continuing and emergency levies) = $2,548,169
• Bond retirement and permanent improvement  = $597,627

In addition to finances, the board will act on several contracts and assignments.