HUDSON -- The Hudson School District approved a tax levy of $48,185,416 for the 2019-2020 school year, with a mill rate of $10.35 at its 2019 annual meeting Monday, Sept. 9.
The tax levy will be split between the general fund ($41,186,366) and the debt service fund ($6,999,050), with the mill rate being a 1.54% decrease from the 2018-2019 budget.
According to chief finance and operations officer Tim Erickson, the state equalization aid for the 2019-2020 school year is projected to be $836,000 less than last year, with the per pupil categorical aid increasing by $88 or a $496,000 overall from last year. The net aid decrease would be $340,000. This year’s salaries and benefits, Erickson said, are budgeted to increase by $1,830,000, and include new staffing, staffing reductions, Teacher Salary Structure, Support Staff Compensation System, Hudson Lead Salary Structure and Board approved an increase of 2.5%.
Representatives also authorized the district to provide provide transportation for students in grades 4K-8 living one mile or more from the school they attend, pursuant to law. The state mandates that districts provide transportation for students who live two miles or more from their school building, but district administration wanted to set the threshold lower .
Next year's annual meeting will be 7 p.m. Monday, Sept. 14, 2020.