Gifford schools budget picture improving
GIFFORD — While school funding news hasn't been all that good for the grade school district in recent years because of the state's' financial troubles, there are some positive developments on the horizon.
Superintendent Rod Grimsley told the school board this week that equalized assessed valuation in the district increased from $32.43 million in 2012 to $32.60 million in 2013 — an increase of $170,720.
And it gets even better. Grimsley said windmills in the eastern part of the school district will be assessed this year for the first time and should add around $4.79 million to assessed valuation.
"This would add around $120,000 to our tax levy money," Grimsley said.
The board approved, during a hearing preceding the meeting, the 2013-14 budget that is $193,446 in the red.
That figure is misleading, Grimsley said in August, because of the district's new contract to buy buses. The district was required to place the entire amount ($205,000) in the budget even though the district will pay off the buses over five years.