2009 Payable 20102009 Payable 2010Levy CertificationLevy Certification

Independent School District 196Independent School District 196Rosemount-Apple Valley-Eagan Public SchoolsRosemount-Apple Valley-Eagan Public Schools

December 14, 2009December 14, 2009

Educating our students to reach their full potentialEducating our students to reach their full potential

AgendaAgenda

Levy certification processLevy certification process

Basic school fundingBasic school funding

2009 Payable 2010 Levy Analysis2009 Payable 2010 Levy Analysis

Levy Certification ProcessLevy Certification Process

Started in August – selection of Started in August – selection of hearing dateshearing dates

September – School Board set levy September – School Board set levy limitlimit

November – County sent out proposed November – County sent out proposed tax statementstax statements

December – Final levy certification by December – Final levy certification by School BoardSchool Board

How Schools Are FundedHow Schools Are Funded

State determines funding formulaState determines funding formula

Basic Funding Formula HistoryBasic Funding Formula History 01-0201-02 $4,068$4,068 02-0302-03 $4,601$4,601 03-0403-04 $4,601$4,601 04-0504-05 $4,601$4,601 05-0605-06 $4,783$4,783 06-0706-07 $4,974$4,974 07-0807-08 $5,074$5,074 08-0908-09 $5,124$5,124 09-1009-10 $5,124$5,124 10-1110-11 $5,124$5,124

How Schools Are FundedHow Schools Are Funded

State determines funding formula State determines funding formula Majority of revenue is determined by Majority of revenue is determined by

the number of students served in the the number of students served in the districtdistrict

District EnrollmentDistrict Enrollment

How Schools Are FundedHow Schools Are Funded

State determines funding formula State determines funding formula Majority of revenue is determined by Majority of revenue is determined by

the number of students served in the the number of students served in the districtdistrict

Revenue = Formula x Pupils servedRevenue = Formula x Pupils served Under current law formulated revenues Under current law formulated revenues

are primarily paid by state aidare primarily paid by state aid

Source of Revenues – All FundsSource of Revenues – All Funds

How Are Local School Taxes How Are Local School Taxes Determined?Determined?

Voter determinedVoter determined Bond votesBond votes Operating Levy votesOperating Levy votes

School Board decisionsSchool Board decisions Authority is limited through legislationAuthority is limited through legislation Special levy authority…Safe schools Special levy authority…Safe schools

levy, Alternative Facilities levy, Health levy, Alternative Facilities levy, Health and Safety levy etc.and Safety levy etc.

What Is TheWhat Is The School District’s School District’s

Recommended Levy?Recommended Levy?

How Does This How Does This Compare To Prior Compare To Prior

Years?Years?

How Will This Impact How Will This Impact Taxes In The District 196 Taxes In The District 196

Community?Community?

Questions?Questions?