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CSD tax levy percentage stays same, cost increases

CSD budget hearing set for Monday

Published: Friday, April 11, 2014 10:44 a.m. CDT • Updated: Friday, April 11, 2014 10:46 a.m. CDT

Creston Community School District will hold a hearing for the proposed fiscal year 2015 budget at the school board’s regularly scheduled meeting 6 p.m. Monday.

The district has a set amount of money to spend according to the FY2015 budget, which is $21,840,957, a decrease from FY2014’s budgeted amount of $27,121,114.


Taxes levied on property are set at 15 cents per $1,000 taxable valuation. This is a zero percent difference from the FY2014 budget. The total taxes levied on property increased from FY2014’s budget of $4,738,521 to FY2015’s of $4,779,669. The cost difference, though, is because of a change in valuation in the school district.

The school district could see an increase in state foundation aid for FY2015, also. The budgeted aid amount is at $9,564,253, whereas FY2014’s aid was at $8,758,932.

“Your local levy is based on your local taxable valuation,” said Creston Superintendent Steve McDermott. “The state, this time around, will give $6,366 per student. So, whatever the local levy does not cover, the state does.”

There could be a decrease in money from transfers-in and transfers-out, which are students moving into and out of the school district. There is a difference of $598,376, from $780,000 during FY2014 to FY2015’s $181,624.

“That’s a number that changes as those (transfers) are processed. So, that initial number is real conservative, and that number changes before school starts in the fall,” McDermott said.


Student support services and instructional staff support services could increase $20,000 each, and general administration could increase $25,000.

However, school and building administration spending could decrease $50,000.


Plant operation and maintenance could decrease from $1,503,000 in FY2014’s budget to $1,305,000 in FY2015’s budget.

There could be a decrease from $5,375,212 to $1,600,000 for facilities acquisition and construction. This decrease is a result of finished construction on school safe rooms.

“Part of the bus barn (costs) will actually come out of the 2013-2014 budget, and the rest will come out of the new budget,” McDermott said. “Construction will start here in a few weeks.”

Part of the total cost of the bus barn will also be paid by insurance money after an April 2012 tornado damaged the building.

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