Big Foot school district budget

By GAZETTE STAFF Monday, Nov. 12, 2007

A look at the 2007-08 budget for the Big Foot School District:

Highlights:

-- The district will receive $45,721 less in state aid, but because of the district’s high property value, it already doesn’t receive much compared to other districts.

-- The district is beginning to pay off a $600,000 loan for energy conservation, which contributed to the increase in the tax levy. The district continues to pay referendum debt from the 2000 building referendum.

-- Property values in the district increased almost 11 percent over last year.

Total budget

Next year: $10.6 million

This year: $10.1 million

Increase: 4.5%

Tax levy

Next year: $7.8 million

This year: $7.6 million

Increase: 2.6%

Tax rate

(Per $1,000 of assessed valuation)

Next year: $3.16

This year: $3.42

Decrease: 7.6%

Note: Percent changes calculated on whole numbers.

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