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Understanding Changes to School Finance

Understanding Changes to School Finance

We recently wrapped up a legislative session that brings with it many changes.  One I have been watching closely is Senate Bill 2265.  This bill dealt with how our schools are funded and it had some major implications.  The full effect of this bill is a lot more complicated than a one line answer.  Even this little article doesn’t get into a few nuances that won’t affect our school.  The short hand version is that for Elgin/New...

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Nuances in the Funding Formula

Nuances in the Funding Formula

The biggest components of school funding are state aid and local taxes.  State aid is generally calculated off of student numbers. So far this sounds simple but things get more complicated once you fit the major puzzle pieces in.  Some additional areas in which this gets a little more complicated is Special Education funding, PreK Special Ed, Regional Education Association, At Risk, summer school and home school. Each of these items...

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Building Fund Levy

Building Fund Levy

ENL Building Fund Levy Community Meeting PP I would like to thank everyone who turned out for the community meeting in New Leipzig at the Community Center.  I discussed why the school is seeking a vote to approve the authority for the school board to levy for up to 15 mils for a building fund.  I clarified we are not seeking to build new but rather to keep the existing building we have.  In order to do this we need to reinvest in the...

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Building Fund Impact

Building Fund Impact

Recently the board voted to put in the November 6th election a ballot about establishing a building fund.  That same vote would also authorize the school board to levy between 0 and 15 mills to support that building fund. So what does 15 mills mean? For the district it would mean approximately $146,000.  Some of you may be aware that we are anticipating dropping in enrollment by about 8 students.  This would result in a loss of $77,168...

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KFYR Coverage

KFYR Coverage

By John Salling | Posted: Wed 9:15 PM, Sep 12, 2018  |  Updated: Fri 10:08 AM, Sep 14, 2018 Original Link: http://www.kfyrtv.com/content/news/Grant-County-school-considering-placing-property-tax-increase-on-ballot-493113621.html   Video Segment: http://www.kfyrtv.com/video/?vid=493285191   GRANT COUNTY, N.D. – A Grant County school is considering placing a property tax increase on the November ballot. Increased...

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What You Want to Know About the Building Fund Levy Proposal

What You Want to Know About the Building Fund Levy Proposal

Some of you are aware that the school is seeking to pursue a vote on November 6th to establish a building fund.  We’ve held several community meetings on the topic and you can find information on our website about the information presented at those meetings.  I’d like to take a minute to thank each and every one who came to the meetings as we value the opinions of the community. The biggest thing you need to understand is that the...

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