CRETE PUBLIC SCHOOLS - Ad from 2024-09-19
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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