The district has been sent the 1996-97 State Auditor's Office Forms for completing the calculations to establish the tax rate ceiling for operations and the debt service maximum levy. If your district has not yet completed those forms, someone in the district should do so immediately and forward quickly through the appropriate channels. Establishing the tax rate ceiling is fundamental in determining the actual adjusted tax levy and the placement of the levy by fund. It also contains information needed for the State Auditor's Office Tax Rate Ceiling form. District Revenue Projections As soon as levy rates are fairly stable in the district's calculations, the budgeted revenue for local taxes, Basic Formula, and Line 14 monies should be examined carefully.
Periodic reviews are advisable.
The totals on the report should correspond to the district's record of each revenue. This report is also being sent upon request to your auditor. As Teachers Missouri Attorney General Opinion No. 145-96 concerning the minimum salary for a parent educator was issued on June 5, 1996. Based upon the findings of the Attorney General, the DESE will no longer compare the salaries and FTEs of parent educators in the district to the state minimum salary.