The Culver Town Council is preparing next year’s budget, but a bit of extra information is needed prior to making cuts.
Budget work sessions were scheduled in preparation for fiscal year 2016. During the work sessions, department heads meet with members of the Culver Town Council to explain their budget line items. Continue reading →
Emotions were running high at the Culver Community School Board meeting this week, as supporters of the Monterey Elementary school vehemently defended the school in the face of possible closure. This issue was discussed because of a need to reduce expenses in order to meet budget cuts from the state level in the amount of $855,928 over two years.
The Culver Community School Corporation has a number of options to explore in order to meet this new budget. Some of the options mentioned included increasing revenue through a referenda, in which the school tax rate would be raised $0.11 per $100; the use of the Rainy Day Fund, which has a current balance of $980,000; and decreasing expenses through budget reductions, such as closing Monterey or cutting positions.