VASD: Annual budget meeting Monday
The Verona Area School District will hold its annual budget meeting at 6 p.m. Monday.
The meeting, which will be at the district administration building, 700 N. Main St., includes the state-mandated budget hearing.
The annual meeting offers a chance for the public to hear details on how the district is spending its money.
VASD business manager Chris Murphy will go over the preliminary 2014-15 budget, which includes a 1.01 percent budget increase from last year along with another drop in the mill rate.
Though the budget will not be approved until October – after attendance numbers are finalized in September – the budget projects a mill rate drop from the 2013-14 $12.27 per $1,000 of equalized assessed value to $12.10.
The actual number will vary in each community, based on assessment ratios, but on average, it would save the owner of a $250,000 home $42.50 in property taxes.
Administrators will also give an overview of student standardized test scores during the meeting.
The regular school board meeting will follow the annual meeting.
For more information or to see the agenda, visit Verona.k12.wi.us or call the district office at 845-4300.