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Franklin Co. Schools Proposed Budget Up To $30.4M

Posted On September 17, 2013

By Matt Popovich

 

image(Brookville, Ind.) – The Franklin County Community School Corporation Board of Trustees held a meeting last week outlining the district’s proposed 2014 budget.

 

According to the Franklin County Observer, the school board’s proposed spending plan calls for $30.4 million. The figure is up from the $29.3 million approved last year for the 2013 budget.

 

About $19.9 million from the state would go into a general fund. Another $10.5 million will come from local taxes and be used to pay for two new school buses at $102,000 each. The money will also help cover the transportation costs of students and go towards paying off debt.

 

A large restoration project at Brookville Elementary School, a new HVAC system for the Franklin County High School, maintenance work on the wastewater treatment plant at Mt. Carmel Elementary School will be paid from the local taxes, and roofing at Laurel Elementary School.

 

The school district’s proposed local tax rate of $1.22 per $100 of assessed value on property must still be approved by the Indiana Department of Local Government Finance.