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North Winneshiek School Board approves FY2011 budget

Posted: Thu, Mar 11, 2010 7:00 PM

The North Winneshiek School Board approved the FY11 Budget at their Monday meeting. The recommended levy rate will be $14.76 per $1,000 of assessed valuation. The current levy rate is $13.85. The total levy will generate $1,476,923 in property taxes for the school district in FY11. The district increased the cash reserve levy to cover the state 10 per cent cross-the-board cut of $165,748 from October 2009. The district is also using the cash reserve levy to prepare for a possible across-the-board cut during the 2010-2011 school
year.