The Oak Grove 68 Board of Education (BOE) formally passed its 2013 levy on November 26th. Following a new process developed this past summer during the Strategic plan renewal, the Board agreed to create a budget that addressed both short and long-term financial needs, and then levy accordingly. By consensus of the Board, it was agreed that each year Oak Grove would levy the dollars the District needed to cover predicted expenses. The BOE agreed to place more emphasis on this budgeting process and by doing so, the board is ensuring the District is conscientious in its spending and respectful to the taxpayer in these difficult financial times.
The administration brought three options to the Board of Education for their approval last week.
Option 1: Flat Levy
• This equaled the amount the District levied this past year--$13,785,429. This represents a $0 increase.
Option 2: Full Levy
• This equals the amount that the District is eligible to levy this year--$14,014,729. This would represent an increase of $229,300 over last year’s levy.
Option 3: Projected Expenditure Levy
• This levy represents the amount the administration and Board members agree that represents our predicted expenditures--$13,820,929. This was the “recommended” levy presented to the Board by the Administration and Business Office. By levying this amount, the BOE is also following the agreed upon parameters of the newly adopted Strategic Plan.
This was the levy adopted by the Board of Education last week at its regular meeting.
The administration and Board are committed to being good fiscal stewards for the community. At the same time, we are committed to providing students with the excellent education Oak Grove is known for throughout the region. We thank you for your continued support of our students.