THE CITY REBORN FROM THE ASHES OF AMERICA'S MOST DISASTROUS FOREST FIRE
Coleman School Annual Meeting Monday, Oct. 19
Issue Date: October 14, 2020
Coleman School District's annual meeting and budget hearing are scheduled for 6 p.m. on Monday, Oct. 19, to be followed by the regular monthly board meeting at 7 p.m.
Approval of the 2020-2021 school year budget and certification of the tax levy to go with it are two of the main items on the agenda for Coleman School Board at its regular monthly meeting that follows at 7 p.m.
The board gave preliminary approval of the proposed budget at a special meeting on Monday, Oct. 5. At that meeting District Administrator Doug Polomis said they again have a balanced budget, with the tax levy rate of $9.62 per $1,000, the same as last year. The budget includes $700,000 to pay off some of the referendum debt early, which will save district taxpayers a great deal of money in interest costs over the years and make it possible to repay the entire referendum debt off ahead of time, while keeping the tax rate even. He noted the interest saved from the 2019-2020 budget by paying off the non-referendum debt ahead of time last year had gone into Fund 10, making it easier to balance the budget this year.
Other items on the regular meeting agenda include a district spotlight report on the partnership with NWTC, policy changes, an update on the referendum renovation project for the school buildings, start college now applications, administrative reports, and possible approval of hirings, resignations and donations to the district.