School District aims for 8-mill decrease
The proposed Basehor-Linwood School District 2003 budget calls for nearly an eight-mill decrease from last year.
The budget was unveiled during a School Board work session Monday, Aug 5.
School Board members are scheduled to take action on the budget during a public hearing Aug. 20.
Basehor-Linwood School District superintendent Cal Cormack said this year's decrease was due to an increased property valuation in the school district.
The proposed mill levy for 2003 is 45.423, down from last year's 53.421. A mill is $1 per $1,000 of assessed property valuation.
"The major difference is there has been a major increase in district valuation," Cormack said. "With new homes coming on-line, we have a larger tax base."
The proposed total cost for district expenditures is $15, 492, 636.
Nearly 40 percent of the budget accounts for teacher salaries.
Although the mill levy will be rolled back, school officials said the Local Option Budget would remain at 25 percent.
The LOB was raised to 25 percent, the maximum allowed under Kansas law, two years ago.
The LOB is generated by local tax dollars and is equivalent to 25 percent of the general fund, approximately $9 million.
Last year, it took 20 mills to fund the LOB. This year, it will take only 13 mills.
Cormack said this was also due to the increase in property valuation.
City, county and school district budgets won't be finalized until later this month.
However, if proposals were put into law today, Basehor residents would see their mill levies decrease.
Basehor City Council and Leavenworth County Commission members said last week that they did not expect a mill levy increase in 2003.