The Mount Pleasant Community School District Finance Committee met Friday to review July expenditures, finalize budget items related to the 2024-25 fiscal year, and prepare for upcoming board decisions. While no official action was taken, a range of financial details were discussed in depth, setting the stage for next Monday night’s full board meeting. The meeting opened with a review of July’s district-wide expenditures, spanning general fund, activity, and other accounts.
Property Tax Rate & Enrollment Revenue
The committee reviewed the final certified levy rate for Fiscal Year 2026, which came in at $11.97 per $1,000 of assessed valuation.
Also discussed was the July SAVE (Secure an Advanced Vision for Education) sales tax allocation, which came in at $240,421. That figure represents an increase over last July’s $217,000, likely due in part to rising certified enrollment—up from 730 to 750 students. These monthly allocations fluctuate based on real-time sales tax collections and directly support infrastructure and capital projects.
Fiscal Year 2025 Closeout and Audit Timeline
Henriksen gave updates on fiscal year-end tasks. The Certified Annual Report (CAR) is due by September 15, and the district audit is scheduled for the week of November 3.
Upcoming Board Elections
The meeting closed with reminders about the upcoming school board elections, with nomination papers available now and due by September 18. The election will be held November 4, and seats up for election include:
- Director District 1 currently held by Melinda Huisinga
- Director District 2 currently held by Derek Mullin
- At-Large seat Currently held by Josh Maher
All terms will be for four years, a result of redistricting changes in recent years.
The full board will review these finance items at its regular meeting Monday night. More information can be found on the district’s website.