BEA board stays with 5.47% levy hike
Blue Earth Area Schools finance director Alan Wilhelmi spent some time at last Monday night’s BEA School Board meeting explaining why the district’s property tax levy was going to see an increase this year.
But, when he was finished, the bottom line was the local tax levy for the school was going up 5.47 percent.
The increase is going to bring an additional $72,800 into the school’s coffers next year.
Wilhelmi told the board that the new levy, which will be collected in 2011, needs to be set at $1,404,958.
They agreed, and later in the meeting they officially set it at that amount.
In 2010, the levy had actually decreased by more than 3 percent from the year before.
The levy is split between several funds, with the majority, $1.021 million, going into the general fund.
The community education fund receives $128,247, while another $255,124 goes to the debt service fund.
Although the levy is $1.4 million, the school budget is actually considerably higher. In the current school year, Blue Earth Area’s budget shows expenditures expected to total $13.3 million.
Revenues, the majority of which come from state funding, are expected to be $12.7 million, according to the budget.
Wilhelmi says the budget gets adjusted throughout the year, and he will be bringing an updated version to the board to accept at a future board meeting.
“There are a lot of things that affect a school budget,” Wilhelmi says. “Most of them are beyond the control of the school board, and are actually dictated by the state.”