2019 Budget Documents
Below are documents related to the 2019 budget adoption process. The rates and levies for the advertised and adopted 2019 budget will be higher than expected – to protect revenue for the 2019 levy. The reason for doing this is to help guard against errors that might be made by the county or state in forecasting excise revenues, assessed values, and property tax caps. Advertising a higher amount also protects from any changes that may happen during the 3 month budgeting process. At any point in the budget process, proposed budgets can be decreased below what is advertised. The goal is to ensure the school district can maximize revenue to the extent possible.
Similarly, the items listed on the Capital Assets Plan and Capital Improvements Plan, as well as the costs associated on the Bus Replacement Plan, can only be completed if there is sufficient revenue to fund these projects and purchases. Avon Community School Corporation (ACSC) is expected to be negatively impacted by property tax caps approximately $6-$7 million in 2019. In other words, ACSC can anticipate that approximately $6-$7 million of the approved property tax levy will not be received due to property tax caps. As a result, many of the items included on these plans will not be completed.
Capital Acquisition Plan – This plan lists expected equipment purchases in 2019 in which a single item exceeds $10,000. This plan can only be implemented if there is sufficient funding.
Capital Projects Plans – These plans list expected projects over the next 3 years which are projected to exceed $10,000. These plans can only be implemented if there is sufficient funding.
Capital Projects Revenue – This document summarizes expected revenue in 2019 specific to Capital Projects.
Bus Replacement Plan – This plan reflects the purchase of school buses over the next 5 years. This plan can only be implemented if there is sufficient funding.
In May 2018, Avon/Washington Township voters supported an operating referendum with 3 clear priorities:
1) Class size reductions
2) More competitive teacher compensation
3) Increased opportunities for students
The Referendum Progress Report is a tool to highlight for our community how property tax funds generated by the referendum are being spent to impact Avon students.
Additional 2019 budget information may be obtained by:
- Attending the 2019 Budget Hearing on September 24th at 5:00 pm
- Attending the 2019 Budget Adoption Meeting on October 29th at 5:30 pm
- Reviewing the state Gateway website at https://gateway.ifionline.org which lists budget information for all governmental units