Details for CRETE PUBLIC SCHOOLS - Ad from 2024-09-19

The Crete Board of Education approved the following budget on Monday September 9th, 2024, during the regular board meeting. This is a different budget than what was printed in the Crete News on September 4th, 2024. Here is a summary of the changes from the original budget to the adopted budget: The Special Building Fund budget was changed from $4,606,453.00 to $3,611,803.00 The Qualified Capital Purpose Undertaking Fund budget was changed from $225,002.00 to $2.00. The necessary cash reserve in the General Fund changed from $1,332,591.00 to $1,277,760.00. Property Tax Request changed from a total of $17,666,516.00 to $15,773,101.00. This is because the Crete Board of Education decided to limit the impact on taxpayers this year since valuations increased by 5%. The Crete Board of Education approved the following tax request on Monday September 9th, 2024, during the regular board meeting. This is a different tax request than what was printed in the Crete News on September 4th, 2024. Here is a summary of the changes from the original tax request to the adopted tax request: The Special Building Fund proposed tax rate changed from $0.139904 to $0.074603. The Qualified Capital Purpose Undertaking Fund proposed tax request changed from $0.014772 to $0.00. The General Fund proposed tax rate changed from $0.888520 to $0.845529. The total proposed tax rate went from $1.148239 to $1.025175 Property Tax Request changed for a total of $17,666,516.00 to $15,773,101.00. 1233043 9/19 ZNEZ