The Johnson County School District One Board of Trustees, at their Monday meeting, were given a very preliminary look at the budget for the upcoming 2013-14 fiscal year.
District Business Manager Matt Ramey told the board the preliminary budget is based on a lot of speculation because some information needed is simply not yet available, so some of the figures are educated guesses at this point. The budget will be adjusted as more information is made available to him, and he will bring changes back to the board from now until the budget is adopted in July.
Some facts known so far are that county valuation is declining, although an exact figure for county valuation isnt available yet, and student population is increasing district-wide.
Valuation in the county last year was $1.095 billion, down from a high of $1.8 billion in 2009. This year's estimate for county valuation is $1.005 billion.
The district's budget for 2012-13 was $19,975,000 and based on numerous figures that are again estimated at this time, the budget for 2013-14 is was estimated by Ramey to be $20,050,000.
Again, nothing is set in stone and these figures will change as more information is made available to Ramey and the district.
The budget will need to be adopted by the board in July.