School Board sets levy for 2009

Chuck Kajer, Managing Editor

The New Prague Area School Board set the 2008-payable 2009 property tax levy at $10,089,636.94 during its regular meeting Tuesday, Dec. 9.

The amount is unchanged from the proposed levy it approved in September. District Finance Director Dan Pyan said the levy represented an increase of 6.53 percent from the previous year.

Earlier in the meeting, the board approved a resolution setting a goal of increasing the district's unreserved fund balance over the next five years. The resolution calls for a 2 percent fund balance in the 2010 budget, which will be adopted prior to July, 2009; a 3 percent fund balance in the 2011 budget a 5 percent fund balance in 2013, and 5 percent or more in subsequent years.

Board member Larry Pint questioned the use of the word policy in the resolution. I thought we had agreed we weren't going to make this a policy

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