Agenda
TYPE: Tax Budget Hearing
DATE: 1/8/2020 TIME: 6:45 PM
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LOCATION: AO Board Room
DETAILS:
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1.0 ROLL CALL
1.1 Call of the Roll Info
  Summary:
Call of the Roll
 
  Recommendation:
Board President calls the roll.
 
2.0 PRESENTATION OF THE TAX BUDGET
2.1 Presentation of the FY21 Tax Budget Info
  Summary:
Presentation of the FY21 Tax Budget
 
 
Attachments:
 
3.0 RESOLUTION TO APPROVE THE TAX BUDGET
3.1 Resolution to Approve the FY21 Tax Budget Action
  Summary:
WHEREAS, the Northwest Local Board of Education at its meeting on January 8, 2020 received the following tax budgets for the period July 1, 2020 through June 30, 2021 (FY21.)
1. From the Superintendent and Treasurer for Current Operating Expenses (General Fund) in the total amount of $100,188,884.
2. From the Treasurer, for Retirement of Bonded Debt (Bond Fund) in the total amount of $5,056,197.
3. From the Treasurer, for Permanent Improvements in the amount of $3,011,141.

WHEREAS, Public Hearing was held on January 8, 2020, pursuant to a notice published in the Northwest Press on December 21, 2019.
WHEREAS, copies of said budgets have been available for public inspection for at least ten (10) days in the Office of the Treasurer and on the District website,
NOW THEREFORE, BE IT RESOLVED, that the FY21 Budget for the General Fund in the amount of $100,188,884, for the Bond Retirement Fund in the amount of $5,056,197 for the Permanent Improvement Fund in the amount of $3,011,141.
BE IT FURTHER RESOLVED, that the Treasurer be, and is hereby directed to file copies with the Hamilton County Auditor as required by law.
 
 
Attachments:
 
  Recommendation:
The Treasurer recommends that the Board of Education approve the resolution as listed.
 
4.0 ADJOURNMENT
4.1 Board President Calls for Adjournment Action
  Summary:
Board President calls for adjournment.
 
  Recommendation:
The Board President asks for a motion and second for adjournment.
 
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