Independent School District 196
Rosemount-Apple Valley-Eagan Public Schools
December 9, 2013
Educating our students to reach their full potential
Agenda

 Levy certification process
 Basic school funding
 2013 Payable 2014 Levy Analysis
Levy Certification Process

 Started in July/August – submission of data to
Minnesota Department of Education
 September – School Board set levy limit
 November – County mailed proposed tax statements
 December – Final levy certification by School Board
How Schools Are
Funded

Source of Revenues – All Funds
Federal
Aid
3.03%
Other
21.27%
Property
Taxes
18.55%
State Aids
& Credits
57.14%
How Are Local School Taxes
Determined?

 Voter approved
 Bond votes
 Operating Levy votes
 School Board decisions (Other Local)
 Authority is limited through legislation
 Special levy authority…Safe Schools levy, Alternative
Facilities levy, Health and Safety levy etc.
Levy Payable 2014
Total Levy $78,241,390
Total Board
Determined
$36,411,048
47%
Total Voter
Approved
$41,830,342
53%
Levy Payable 2014
By Fund
Total
Community
Service Fund
$1,676,223
2%
Total Debt
Service Fund
$19,170,329
25%
Total General
Fund
$57,394,838
73%
Total School Local Levies
Millions
80
70
Payable 2011
Payable 2012
Payable 2013
30
78.24
73.78
40
75.85
50
78.42
60
20
10
Payable 2014
Total General Fund Levy
Millions
60.00
50.00
57.4
53.4
54.7
57.4
58.5
30.00
55.6
40.00
20.00
10.00
Payable 2009 Payable 2010 Payable 2011 Payable 2012 Payable 2013 Payable 2014
Community Education Levy
Millions
1.8
1.6
1.4
1.2
1.69
1.69
1.65
1.68
1.68
0.8
1.67
1.0
Payable 2009
Payable 2010
Payable 2011
Payable 2012
Payable 2013
Payable 2014
0.6
0.4
0.2
-
Total Debt Service Levy
Millions
20.0
19.5
19.0
17.0
19.2
18.7
17.8
17.5
19.5
19.1
18.0
19.4
18.5
16.5
Payable 2009 Payable 2010 Payable 2011 Payable 2012 Payable 2013 Payable 2014
How Will This Impact
Taxes In The District 196
Community?
278,570
256,714
239,506 232,258
$250,000
1,210
1,179
1,144
1,186
1,145
Home Value
$200,000
1,128
223,817
216,768
1,066
1,153
$1,400
$1,200
$1,000
$800
$150,000
$600
$100,000
$400
$50,000
$200
$0
$0
2007
2008
2009
2010
2011
2012
Payable Tax Year
Avg Home in ISD 196
School Tax
2013
2014
School Tax
School Taxes Payable on Avg. Value
279,652 284,871
Home
$300,000
Impact of Increased Operating Levy
Value
Year
$ 223,817
$ 223,817
$ 223,817
$
$
$
223,817
223,817
223,817
City
School Tax
2013 Apple Valley $ 1,104.82
2013 Eagan
$ 1,104.82
2013 Rosemount
$ 1,104.82 $ 1,104.82
2014 Apple Valley
2014 Eagan
2014 Rosemount
Net Change from Pay 13 to Pay 14
$ 1,153.44
$ 1,153.44
$ 1,153.44 $ 1,153.44
$
48.62
Questions?