East Aurora OKs budget
By Kalyn Belsha firstname.lastname@example.org September 16, 2013 9:08PM
Updated: October 19, 2013 6:59PM
AURORA — The East Aurora School Board unanimously passed a $170.1 million budget for the 2013-14 school year at their Monday night meeting.
Expected revenues — drawing from federal, state and local sources — for the year are $170.7 million, leaving the district with a surplus of about $550,000. By the end of the school year, the district will have a balance of about $91.1 million in its funds.
Expenditures for the year are up slightly from July, when the district’s new director of business, Ernest Clark, presented a tentative budget that showed the district would spend $166.6 million and take in about $167.2 million.
The difference, Clark said Monday, was due to additional grant funding the district received, which allowed for more spending. The expected surplus is the same, he noted.
Board President Annette Johnson said the district was doing what it could to ensure the spending didn’t cause property taxes to go up.
“We’re not going to over-levy,” she said. “It proves that when a government agency goes and studies every line item, they can find a lot of money to save.”
During public comment, a resident of Carillon at Stonegate thanked the district for its efforts to try to control spending. Residents of the Aurora retirement community have been vocal in expressing concerns about rising property taxes as property values in the city fall.
“I appreciate what you’re trying to do,” Gary Behling said. “We’re asking you to continue to do what you’re doing. We’re going to get kicked out if the taxes we keep getting hit with continue to go up.”
The district estimates that just over one quarter of its total revenues, or about $44.6 million, will come this year from local sources, most of which are property taxes.
It estimates more than half of its revenue will come from state sources, at $100.9 million, and about 15 percent will come from federal sources, or about $25.2 million.
Two years ago, the district received $45.7 million from local sources, $108.7 million from state sources and $19.7 million from federal sources.
The district’s figures from last year are not yet finalized because they have yet to be audited.