The Maryville R-II School Board approved the final version of the district's 2010-'11 budget Wednesday after voting to implement an operating levy on real, agricultural, commercial and personal property of $4.3693 per $100 of assessed valuation.
Left unchanged by the board was the district's .5643-cent debt service levy, which means district patrons will pay a total school tax rate of to $4.9336.
Combined, the operating levy, up from $4.3552 last year, and debt service levy will generate approximately $9.1 million in revenue, or 52 percent of the $17.4 million needed to run Maryville schools during the coming year.
In presenting the budget to the seven-member board, Superintendent Vickie Miller said the spending plan contains a $176,000 deficit, but added that most of the red-ink consists of one-time capital expenditures that can be cut or rescheduled, and that reserves are sufficient to cover the difference. The 2009-'10 budget contained a similar deficit even though R-II ultimately finished the year $60,000 to the good.
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