Archive for Thursday, July 17, 2003

Mill levy lowered on proposed budget

Increased valuations lessen burden on district taxpayers’ shoulders

July 17, 2003

A 3.6 million increase in Eudora USD 491's assessed valuation means good news for district taxpayers paying off debts from the November 2001 bond issue that is financing a new high school.
Superintendent Marty Kobza said he was "tickled pink" to be able to tell taxpayers the mill levy this fiscal year would be essentially the same as it was prior to the bond issue passing.
"In essence, people are paying the same amount of mills as before the bond issue," he said.
Before November 2001, the district's mill levy was at 58.588, he said, and afterward climbed to 66.9. But thanks to increased valuation totaling about $41 million, this year's rate will be about 58.6.
"The new houses are going in," Kobza said. "We don't have a lot of commercial, obviously."
Yet despite an increase estimated in full-time enrollment numbers, as well as new facility weighting -- extra money Eudora schools will receive from the state because of the costs associated with outfitting the new high school -- Kobza said the preliminary budget had been figured conservatively. The preliminary budget is basically figured on the same amount of money last year's was.
"We built this budget on maintenance and stability," he said.
If the district comes in with more money than that with which the budget will be approved in August, Kobza said the district would have to republish the document.
"We're hoping we have to republish."
This year the district was planning on a full-time enrollment of 1,207, compared to last year's FTE of 1,168.5. Full-time enrollment is the number by which the state allots money to schools based on how many students attend full time. For instance, a half-day kindergarten student counts as one-half a student.
"As of right now, kindergarten is way up," Kobza said.

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