The Mount Pleasant Community School District Finance Committee reviewed its certified budget for the upcoming fiscal year, highlighting financial planning and tax rate considerations, and state funding during its meeting from Friday.
The certified budget sets a maximum spending limit, ensuring flexibility for unforeseen costs. The proposed property tax levy is $11.97 per $1,000 of assessed value, in line with neighboring districts. The management fund levy increased to $1 million to cover early retirement incentives, rising insurance costs, and weather-related expenses.
Public hearings are set for March 24 and April 14 for community input. The district is also monitoring state funding discussions and preparing for staff contract negotiations, with rising health insurance costs impacting the budget.
The board aims to balance financial responsibility with maintaining quality education and infrastructure for years to come.