The South Butler School Board has approved a budget for the 2017-18 school year that does not include a tax increase.
By a final vote of 6-1 during a meeting Wednesday, the board approved the general fund budget of $37.2 million in expenses. This figure assumes state funding levels from a state budget that has not yet been approved. South Butler’s millage rate will remain at 94.275 mills.
South Butler’s Capital Projects Fund Budget for next year is just over $656,000 and includes a large cooling tower and condenser project.
South Butler raised their tax rate by one mill in 2016-17 and expects to use $1.6 million from their general fund to finish the current year. This would leave the district’s fund balance at a projected $6.2 million to begin the new school year in July. There are no plans to eliminate any educational programs, however two of seven retiring positions will not be replaced in 2017-18.
Written By: Ryan Saeler for the Butler Radio Network
