• Avon School Board approves 2012 budget

    September 09, 2011 No comments

    Faced with several issues, including a failed referendum in the spring, the Avon School Board passed its 2012 budget Thursday morning.

    In a story in today’s Hendricks County Flyer, it is reported that the adopted budget plan is for $93,640,062 with 40 percent of that going for instruction.

    Superintendent Dr. Tim Ogle mentioned that the revenue shortfalls began in 2009. After they had already adopted the 2010 budget, the state of Indiana reduced the corporation’s revenue by 2.5 percent, he said.

    Ogle said,”In 2010, we immediately went into cost containment mode and reduced about $3 million in expenditures. In addition to that, the property tax cap legislation was implemented into affect in 2010 full force. We experienced additional revenue cuts to our tax dollars.”

    Ogle said the 2011 property tax impact on the school was more than $6.5 million.

    Ogle also said that the tax caps will “continue to be problematic for years to come” and this budget reflects their planning for that.

    He also said that the state has once again reduced revenue per student, totaling another $55,000 loss in 2011. That is due to the money going from public schools toward private schools.

    Posted by in Avon, Local News

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