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Graettinger OKs $4.6M budget

By Staff | Mar 19, 2008

GRAETTINGER — The Graettinger Community School District Board of Education Monday night held a public hearing and approved a budget of $4,608,405 for fiscal 2008-09.

The district will levy $895,396 on property taxes, for a rate of 11.76718.

Other revenue sources include:

n State foundation aid, $1,011,190.

n Tuition/transportation, $520,000.

n Other revenues from local sources, $449,500.

n Foster care, ed excellence, and other state sources, $244,110.

n Student activities and sales, $165,000.

n Income surtaxes, $124,337.

n IDEA and other federal sources, $75,000.

n Nutrition program sales, $73,500.

n Title I grants, $30,000.

n Earnings on investments, $18,380.

n Utility replacement excise tax, $13,172.

n Instructional support state aid, $5,877.

For expenses, instruction will comprise $2,925,376 of the budget. Other expenses include:

n Plant operation and maintenance, $626,000.

n Student transportation, $215,000.

n Noninstructional programs, $194,000.

n General administration, $153,400.

n Business and central administration, $148,752.

n School/building administration, $115,000.

n AEA support, $88,267.

n Instructional staff support services, $70,000.

n Student support services, $35,000.

The budget includes a 5 percent coaching raise, 4.35 for teachers, and 4.15 percent overall which the board also approved Monday in the negotiations settlement.