G-R Happenings
Certified Budget:
The budget hearing for the FY 2014 budget will be held on
April 10 at 6:30 pm, in Gladbrook.
We are certifying a budget based on 0% allowable growth. While we are still hopeful for
allowable growth to be set in the 2-4% range, due to our declining enrollment
and the budget guarantee that results, our highest tax rate comes with 0%
allowable growth. If schools would
receive a higher allowable growth, our District tax rate would decline from the
published amount of $11.08604/$1,000 taxable valuation. In the event of 2% allowable growth the
District would see a rate of $10.83527/$1,000, and 4% allowable growth would
cause a tax rate of $10.60693 for G-R property owners.
Even in the worst-case scenario presented above, G-R is
looking at a drop in the tax rate from our current level of $11.13/$1000. As our enrollment stabilizes and our
property valuation increases I anticipate our tax rate stabilizing and likely
declining.
G-R Tax Rates:
FY10: $10.61
FY11: $11.77
FY12: $11.35
FY13: $11.13
FY14: $11.08
(Proposed)
If you have any questions, or would like to discuss the G-R
budget, please contact me.
Email: tim.kuehl@gr-rebels.net, phone:
319-345-2712, or stop by the office at 300 Cedar St.
Sincerely,
Tim Kuehl, Superintendent
