District receives a clean audit for 2007-08.  This is the first full school year that Director of Finance and Operations Chuck Klaassen and Controller Tina Burkholder were responsible for the majority of the budget planning process for the 2007-08 school year.  Burkholder shared that the General Fund expenditures were relatively stable due to freezing staff levels and other cost containment measures.  Expenditures increased 0.5% from the prior year and were only 0.3% more than budgeted.

General Fund revenues came in 2.7% more than budgeted and the unreserved/undesignated fund balance ended the 2007-08 school year at $4,233,226 or 8.5% of the General Fund expenditures.  This is at the very low end of the district's policy of maintaining a balance of 8-12%. 

Report Card Information 

Click the link below is a summary of the projected revenues and expenditures for the district's various funds for the 2008-09 school year.

2008-09 Budget Revenues and Expenditures Summary

For previous years projected revenues and expenditures summaries click the links below.

2007-08 Budget Revenues and Expenditures Summary
2006-07 Budget Revenues and Expenditures Summary

A 1994 Bond Issue was refunded (re-financed) in 1999, saving the taxpayers significant dollars over the term of the issue, and now another window is available to the district to exercise a refunding option.

At the September board workshop, Director of Finance and Operations Chuck Klaassen had estimated that the district could experience a savings to the taxpayers of almost $2 million over the remaining term (13 years). Updated projections from Ehlers are placing the projected total new savings around $1.78 million in net present value benefit.