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Board Adopts 2022 General Fund Budget

Following three months of budget workshops, discussion and public input, the Board adopted a 2022 General Fund Budget of $668.3 million. The adopted General Fund Budget includes a $2.5 million reserve for prior year encumbrances.  Following a year without a tax increase, the Board adopted a millage rate that would raise property taxes by three percent to 10.25 mills this evening.  The tax increase along with reductions to the budgetary reserve, charter tuition expenditures, and the use of ESSER funding to provide short-term stability, reduced the 2022 operating deficit from the preliminary budget of $56 million to the adopted $27 million.