The Culver Community School Board members took action to adopt the 2023 budget last week.
According to the Notice to Taxpayers information on Indiana Gateway and information previously provided by Business Manager/Treasurer Casey Howard during the board’s public hearing on the budget, the school corporation’s total budget is about $15.7 million, with $2.6 million in the Referendum Fund, about $1.7 million in the Debt Service Fund, $400,000 in the Rainy Day Fund, just over $6 million in the Education Fund, and just over $5 million in the Operations Fund.
The estimated proposed tax rate is .08201, but Howard said that will likely be adjusted by the Department of Local Government Finance. Howard said it is the hope to capture the maximum allowable levy with the advertised budget.
The approval of the 2023 budget also includes the Bus Replacement Plan. Howard explained that the corporation replaced two buses this year and sold a bus which was not replaced. As a result, four buses will be replaced in 2023.
The three-year Capital Projects Plan was also approved includes projects and how to afford the projects and when to schedule them. Howard said some bigger items in the plan over the next three years include playground equipment, air handlers, 35 additional security cameras, access points, interior door replacement, desk replacement, football press box, remove the suspended ceiling in the high school gym, and track resurfacing.
