Knox School Board Met Monday for 2018 Budget Adoption

On Monday evening, the Knox School Board met briefly in order to adopt the school corporation’s 2018 budget. Superintendent Dr. William Reichhart said board members voted unanimously to adopt the budget as advertised.

By doing so, the Knox School Board has effectively adopted their budget prior to the November 1st adoption deadline. The last day that 2018 budgets, tax rates and tax levies can be submitted to Indiana Department of Local Government Finance through Indiana Gateway is November 3rd.

The Knox Community School Corporation has total budget estimate of $20,662,696. To view the entire budget notice posted to Indiana Gateway, follow this link.

Knox Community School Corporation’s 2018 Budget is Ready for Adoption

The Knox Community School Board held a public hearing over the school corporation’s 2018 Budget when they met Tuesday night. Corporation Treasurer Sherry Fort provided the board members and the public with a synopsis of the proposed budget for next year.

The general fund is estimated at $12,760,379. The capital projects fund has approximately $1.9 million budgeted and the bus replacement plan is estimated to be $325,000. The total budget estimate is set at $20,662,696. Continue reading