December 13, 2010
Independent School District 196
Rosemount-Apple Valley-Eagan Public Schools
Educating our students to reach their full potential
Agenda

Levy certification process

Basic school funding

2010 (Payable 2011) Levy Analysis
Levy Certification Process

Started in July/August – submission of
data to Minnesota Dept. of Education

September – School Board set levy limit

November – County sent out proposed
tax statements

December – Final levy certification by
School Board
How Schools Are Funded

State determines funding formula
Basic Funding Formula History










02-03
03-04
04-05
05-06
06-07
07-08
08-09
09-10
10-11
11-12
$4,601
$4,601
$4,601
$4,783
$4,974
$5,074
$5,124
$5,124
$5,124
$5,124
How Schools Are Funded
State determines funding formula
 Majority of revenue is determined by
the number of students served in the
district

October 1 Total Enrollments
2010 Actual , 2011-2015 Projected
40,000
35,000
30,000
27,454
27,430
27,313
27,245
27,193
27,181
2010
2011
2012
2013
2014
2015
Actual
Estimate
Estimate
Estimate
Estimate
Estimate
25,000
20,000
15,000
10,000
5,000
0
How Schools Are Funded
State determines funding formula
 Majority of revenue is determined by the
number of students served in the district
 Revenue = Formula x Pupils served

 Under current law formulated revenues
are primarily paid by state aid
Source of Revenues – All Funds
All Funds
Federal
Aid
4.69%
State
Aids &
Credits
62.62%
Other
10.31%
Property
Taxes
22.38%
Property
Taxes
State Aids
& Credits
Federal
Aid
Other
How Are Local School Taxes
Determined?

Voter determined
 Bond votes
 Operating levy votes

School Board decisions
 Authority is limited through legislation
 Special levy authority…Safe Schools Levy,
Alternative Facilities Levy, Health and Safety
Levy, etc.
Levy Payable 2011
Total Levy $78,415,934
Total board
determined
$28,348,295
36%
Total voter
approved
$50,067,639
64%
Levy Payable 2011
By Fund
Total Debt
Service
$19,366,934
25%
Total
Community
Service
$1,687,499
2%
Total General
Fund
$57,361,502
73%
Total School Local Levies
Millions
80
70
60
50
40
75.76
75.93
75.02
75.09
Payable
2006
Payable
2007
Payable
2008
Payable
2009
79.37
78.42
Payable
2010
Payable
2011
30
20
10
-
Millions
60
Total General Fund Levy
50
40
30
51.1
53.4
55.2
55.6
58.5
57.4
Payable
2006
Payable
2007
Payable
2008
Payable
2009
Payable
2010
Payable
2011
20
10
-
Community Education Levy
Millions
1.8
1.6
1.4
1.2
1.0
0.8
1.71
1.70
1.67
1.69
1.69
Payable
2009
Payable
2010
Payable
2011
1.43
0.6
0.4
0.2
Payable
2006
Payable
2007
Payable
2008
Total Debt Service Levy
Millions
25.0
20.0
15.0
22.9
10.0
20.8
18.4
17.8
Payable
2008
Payable
2009
19.1
19.4
Payable
2010
Payable
2011
5.0
Payable
2006
Payable
2007
How Will This Impact
Taxes In The District 196
Community?
$300,000
School Taxes Payable on Average-Value
284,871
Home
278,570
279,652
$1,400
$100,000
$400
$50,000
$200
$0
$0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Payable Tax Year
Avg Home in ISD 196
School Tax
Home Value
265,556
256,714
243,090
238,541 $1,200
$250,000
223,086
1,288 1,179
1,186
1,144
1,140
202,146
$1,000
1,210
$200,000 178,212
$800
835 830 860
$150,000
777
$600
Questions?