Administrative/Budget Report (LTP- May 2022)
The West River LTP Committee sought to take a deeper look at student ADM, cost per pupil, tax rate, and total education spending over the last five years to begin envisioning sustainable change for the future of the district. CFO, Laurie Garland and superintendent, Bill Anton presented detailed reports to the LTP committee and members of the public at the May 2nd LTP meeting. CLICK HERE TO WATCH A RECORDING OF THIS PRESENTATION (budget report start of meeting to 0:50, enrollment trends report minutes 2:15-2:40)
Overview (take aways) From Reports
Of note: The only control the board has in mitigating cost per student (tax rate), is in the building of the expenditure budget which is then approved by the tax payers. The (equalized) per pupil costs, yield and common level of appraisal (CLA) that are used to calculate tax rate are not within the boards control and have a direct correlation to the tax rate.
There is an average 27 students-per-grade trend. This trend resulted in a 10% decline in students from 2018-2023. With current enrollment trends, West River is roughly projected to go from 474 students in the district for FY22 down to 390 students by FY29