School district annual meeting is set for Oct. 24

Ozaukee Press Staff

The Cedar Grove-Belgium School District’s tax levy is slated to decrease by about $22,000 this year.

The district is proposing a tax levy of $4,591,232, which is .39% less than last year’s $5,513,080.

Factors contributing to the decrease include the non-referendum debt service fund going from $101,000 to zero after the fitness center was paid off last year.

The general fund is slated to increase by nearly $40,000 to $4.4 million.

The community service fund, which covers the fitness center, pool and gym, is increasing from $35,000 to $55,000 to accommodate adding the recreation coordinator role to Scott Parsons’ athletic director job. He was made a full-time employee of the district.

The district’s fund balance — essentially its savings account for emergencies — was at $3.6 million as of June 30, the final day of the district’s fiscal year. That’s 27% of annual expenditures and on the high end of auditors’ recommendation of 22% to 28%.

The annual meeting is at 6 p.m. Wednesday, Oct. 24, in the high school study hall, followed by the monthly School Board meeting.



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