Understanding Wilton School District Mill Levy and Financial Management
Explore the financial structure of Wilton School District #1, including the mill levy proposals, building fund usage, and expenditure breakdown for 2022-2023. Learn about mill levy changes, fund allocations, and the importance of community support for education.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Mill Levy Mill Levy Proposal Proposal
MILL MILL CHANGES CHANGES
Building Fund Can be used for: Construction projects Renovation, repair, or expansion Property improvements Leasing of property Payment of rentals
May not exceed 15 mills Can withdraw 50% without repayment Special Reserve Used as a savings
Up to 12 mills Miscellaneous Fund Board action Accounted for in General Fund
60 mill minimum Up to 70 mills (12% increase) General Fund Basic operations of the school
