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G.I. school board doesn't change budget proposal
By Harold Reutter
The Grand Island Independent
Posted Sep 04, 2008 @ 11:15 PM
GRAND ISLAND —
The
Grand Island school board did not ask for any changes in a proposed
2008-09 budget that will see a slight decrease in the levy.
Grand Island Public Schools business manager Virgil Harden said the
levy decrease is totally due to the $71.1 million increase in district
valuation for the coming fiscal year.
That is a valuation increase of 3.11 percent. That was enough to drop
the levies for the district's bond funds and for its qualified purpose
undertaking fund, which is used for designated purposes such as
asbestos removal and improvement of indoor air quality.
The total levy for 2008-09 will be $1.197 compared to last year's levy of $1.21.
The district's general fund -- which Harden said likely accounts for
about 90 percent of what the school does -- will remain at $1.05, the
same as last year.
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