Line Items Pending
Wed March 20, 2013
Keokuk Approves School Budget Outline
The Keokuk School Board is advancing the district’s budget for the 2013/2014 school year, even though few details are available at this point.
A summary of the spending plan will be published ahead of a public hearing, currently set for Monday, April 8.
Business Manager Greg Reynolds says this process sets the district’s maximum spending authority and the property tax rate, which is decreasing by about 12 cents.
He says the line-by-line specifics are not available, though, because of several unknowns, including union negotiations and allowable growth.
Keokuk could receive anywhere from $90,000 - $570,000 in new state aid, depending on what the Iowa Legislature settles on for allowable growth.
Reynolds says the district cannot wait on lawmakers, though, so he hopes to have the details added to the budget within the next few weeks to meet staffing deadlines.
He says potential modifications or cuts would be presented to the school board at that time.