Triton Schools Budget Slightly Higher This Year
July 28, 2016 at 4:25 p.m.
BOURBON The Triton School Board Monday voted in favor of advertising the 2005 budget for the Triton School Corp.
The advertised budget will be slightly higher than last year's. This year's total budget figure is $9,150,343, approximately $70,000 more than last year's advertised amount.
The general fund decreased by about $4,300. The debt service fund dropped $2,000 due to bonds aging and payments decreasing.
The advertised capital projects amount will be $84,000 less than last year's advertised amount, but the state cut last year's capital projects budget by $250,000. Schools Superintendent Ted Chittum said he expects a similar cut this year.
The transportation fund increased 5 percent, to $482,900. Chittum told the board the fund was increased to compensate for increased gas and oil prices and increased mileage on the bus fleet.
The bus replacement fund showed a $42,000 increase. Chittum said the corporation plans to replace a van, which will not meet state standards as an activity bus following the 2005 school year. Chittum said the corporation also plans to replace the current bus used for special needs students. Chittum said the bus has more than 100,000 miles on it.
The 2005 advertised tax rate is $1.93 per $100 valuation, down from last year's advertised rate of $2.79.
The state approved a rate of $1.29 last year. The state-approved budget total for 2004 was more than $700,000 less than the advertised total. Chittum said he expects similar cuts this year.
A public hearing will be held for the 2005 budget Sept. 7 at 7 p.m. at the Administration Office.
In other news, the board approved hiring Weston Rettinger as a mathematics teacher at Triton Junior/Senior High School. [[In-content Ad]]
BOURBON The Triton School Board Monday voted in favor of advertising the 2005 budget for the Triton School Corp.
The advertised budget will be slightly higher than last year's. This year's total budget figure is $9,150,343, approximately $70,000 more than last year's advertised amount.
The general fund decreased by about $4,300. The debt service fund dropped $2,000 due to bonds aging and payments decreasing.
The advertised capital projects amount will be $84,000 less than last year's advertised amount, but the state cut last year's capital projects budget by $250,000. Schools Superintendent Ted Chittum said he expects a similar cut this year.
The transportation fund increased 5 percent, to $482,900. Chittum told the board the fund was increased to compensate for increased gas and oil prices and increased mileage on the bus fleet.
The bus replacement fund showed a $42,000 increase. Chittum said the corporation plans to replace a van, which will not meet state standards as an activity bus following the 2005 school year. Chittum said the corporation also plans to replace the current bus used for special needs students. Chittum said the bus has more than 100,000 miles on it.
The 2005 advertised tax rate is $1.93 per $100 valuation, down from last year's advertised rate of $2.79.
The state approved a rate of $1.29 last year. The state-approved budget total for 2004 was more than $700,000 less than the advertised total. Chittum said he expects similar cuts this year.
A public hearing will be held for the 2005 budget Sept. 7 at 7 p.m. at the Administration Office.
In other news, the board approved hiring Weston Rettinger as a mathematics teacher at Triton Junior/Senior High School. [[In-content Ad]]