SCOBEY PUBLIC SCHOOLS BOARD OF TRUSTEES RESOLUTION UNDER SENATE BILL 307 RESOLUTION OF INTENT TO IMPOSE AN INCREASE IN LEVIES FOR FISCAL YEAR 2025 As an essential part of its budgeting process, the Scobey School District Board of Trustees is authorized by law to impose levies to support its budget. The Scobey School District Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1, 2025, using certified taxable valuations from the current school fiscal year as provided to the district: TOTAL - ALL FUNDS USING PRIOR YEAR TAXABLE VALUE: 2023-2024 Actual Levies 2024-2025 Projections Est. Annual Tax Impact $100K home Est. Annual Tax Impact $200K home Est. Annual Tax Impact $300K home Est. Annual Tax Impact $600K home Change Mills Fund $ Mills $ Mills Change $ General $ 864,195 125.14 $ 814,144 117.91 $ (50,051) (7.23) $ (9.76) $ (19.52) $ (29.28) $ (58.56) Transportation $ 233,251 33.78 $ 207,743 30.09 $ (25,508) (3.69) $ (4.98) $ (9.96) $ (14.94) $ (29.88) Bus Depreciation $ 142,622 20.65 $ 117,670 17.04 $ (24,952) (3.61) $ (4.87) $ (9.74) $ (14.61) $ (29.22) Tuition $ 1,719 0.25 $ 87 0.01 $ (1,632) (0.24) $ (0.32) $ (0.64) $ (0.96) $ (1.92) Adult Ed $ 2,327 0.34 $ 1,141 0.17 $ (1,186) (0.17) $ (0.23) $ (0.46) $ (0.69) $ (1.38) Technology $ 25,000 3.62 $ 50,000 7.24 $ 25,000 3.62 $ 4.89 $ 9.78 $ 14.67 $ 29.34 Flexibility$ - 0.00 $ - -$ - -$ -$ -$ -$ Debt Service $ 146,729 21.25 $ 138,662 20.08 $ (8,067) (1.17) $ (1.58) $ (3.16) $ (4.74) $ (9.48) Building Reserve Permissive $ 25,000 3.62 $ 25,000 3.62 $ - - $ - $ - $ - $ Building Reserve Voted $ 100,000 14.48 $ 100,000 14.48 $ - - $ - $ - $ - $ - Grand Total $ 1,540,843 223.13 $ 1,454,446 210.64 $ (86,397) (12.49) $ (16.85) $ (33.70) $ (50.55) $ (101.10) * impacts above are based on current certified taxable valuations from the current school fiscal year of $6,905,051.00. Should taxable value increase or decrease, these values will adjust up or down. Technology increase is due to proposition to voters to increase levy from $25,000 to $50,000 to cover increasing costs of technology in the district. The Building Reserve fund is comprised of the $100,000.00 Voted levy and the State Permissive Levy of $62,780. Building repairs and maintenance will still be the main use of these funds. Remaining funds will go towards the following projects: New Gym roof replacement/repair, Jr. High locker room remodel, Jr. High lockers, window replacements and cover any remaining amounts that may be due to complete the flooring replacement project. Dated this 11th day of March, 2024 /s/ Jesse Cole, Board Chair /s/ Colleen M. Drury, District Clerk Pub. 3-21-24 MNAXLP SCOBEY PUBLIC SCHOOLS BOARD OF TRUSTEES RESOLUTION UNDER SENATE BILL 307 RESOLUTION OF INTENT TO IMPOSE AN INCREASE IN LEVIES FOR FISCAL YEAR 2025 As an essential part of its budgeting process, the Scobey School District Board of Trustees is authorized by law to impose levies to support its budget. The Scobey School District Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1, 2025, using certified taxable valuations from the current school fiscal year as provided to the district: TOTAL - ALL FUNDS USING PRIOR YEAR TAXABLE VALUE: 2023-2024 Actual Levies 2024-2025 Projections Est. Annual Tax Impact $100K home Est. Annual Tax Impact $200K home Est. Annual Tax Impact $300K home Est. Annual Tax Impact $600K home Change Mills Fund $ Mills $ Mills Change $ General $ 864,195 125.14 $ 814,144 117.91 $ (50,051) (7.23) $ (9.76) $ (19.52) $ (29.28) $ (58.56) Transportation $ 233,251 33.78 $ 207,743 30.09 $ (25,508) (3.69) $ (4.98) $ (9.96) $ (14.94) $ (29.88) Bus Depreciation $ 142,622 20.65 $ 117,670 17.04 $ (24,952) (3.61) $ (4.87) $ (9.74) $ (14.61) $ (29.22) Tuition $ 1,719 0.25 $ 87 0.01 $ (1,632) (0.24) $ (0.32) $ (0.64) $ (0.96) $ (1.92) Adult Ed $ 2,327 0.34 $ 1,141 0.17 $ (1,186) (0.17) $ (0.23) $ (0.46) $ (0.69) $ (1.38) Technology $ 25,000 3.62 $ 50,000 7.24 $ 25,000 3.62 $ 4.89 $ 9.78 $ 14.67 $ 29.34 Flexibility$ - 0.00 $ - -$ - -$ -$ -$ -$ Debt Service $ 146,729 21.25 $ 138,662 20.08 $ (8,067) (1.17) $ (1.58) $ (3.16) $ (4.74) $ (9.48) Building Reserve Permissive $ 25,000 3.62 $ 25,000 3.62 $ - - $ - $ - $ - $ Building Reserve Voted $ 100,000 14.48 $ 100,000 14.48 $ - - $ - $ - $ - $ - Grand Total $ 1,540,843 223.13 $ 1,454,446 210.64 $ (86,397) (12.49) $ (16.85) $ (33.70) $ (50.55) $ (101.10) * impacts above are based on current certified taxable valuations from the current school fiscal year of $6,905,051.00. Should taxable value increase or decrease, these values will adjust up or down. Technology increase is due to proposition to voters to increase levy from $25,000 to $50,000 to cover increasing costs of technology in the district. The Building Reserve fund is comprised of the $100,000.00 Voted levy and the State Permissive Levy of $62,780. Building repairs and maintenance will still be the main use of these funds. Remaining funds will go towards the following projects: New Gym roof replacement/repair, Jr. High locker room remodel, Jr. High lockers, window replacements and cover any remaining amounts that may be due to complete the flooring replacement project. Dated this 11th day of March, 2024 /s/ Jesse Cole, Board Chair /s/ Colleen M. Drury, District Clerk Pub. 3-21-24 MNAXLP
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