Batesville Herald Tribune, Batesville, Indiana

Local News

October 11, 2013

Taxes for schools should remain steady

(Continued)

With a projected 1.2 percent decrease, the Debt Service Fund is budgeted at $1.66 million next year. Money from this fund will pay back three debts: a 1998 bond issue that allowed Batesville High School and Batesville Middle School additions; a 2011 bond issue for the Batesville Intermediate School addition and renovation and BHS upgrade; and the $1 million investment in Ivy Tech Community College’s Batesville expansion.

The Transportation Operating Fund will go up 1.9 percent to $1.63 million. Dollars here are allotted for contracted transportation costs, bus drivers’ salaries, fuel, bus maintenance and insurance costs. According to Hunter, “This fund is limited by a growth in the levy we can raise. For 2014, the levy cannot grow more than 2.6 percent.” Property tax dollars will be added to other miscellaneous revenue.

The accumulating School Bus Replacement Fund will increase 20 percent to $245,000. The 2014 plan shows purchases of three bus replacements: one 84-passenger, one special needs and one 66-passenger spare. Currently the fund contains about $200,000, enough to buy the three vehicles next year. “There are a few years we don’t replace any.”

No citizens’ commented about the upcoming budget. The board will consider adopting it Oct. 21 at 6 p.m. at the Batesville Middle School commons, according to Hunter.

Debbie Blank can be contacted at debbie.blank@batesvilleheraldtribune.com or 812-934-4343, Ext. 113.

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