Use Analysis vs. Cost

1
Use Analysis vs. Cost

• Oelwein Community Schools
• Physical Plan and Equipment Levy

2
Agenda on voted ppel

• Resolution
• Terms
• Revenue
• Past Expenditures
• Assets
• District Financial Health

3
Highlights of resolution

• Shall the Board of Directors of OCSD be
  authorized for ten years to continue a levy of a
  PPEL tax not to exceed a total of 1.34 /1000
• In combination, to levy a PPEL Income Surtax not
  to exceed 5 to be used as follows
• General use of PPEL / Including but not limited
  to Purchase of equipment, building repair, roof
  repair, Student Transportation, debt service on
  existing bonds, etc.

4
Example of expenditures in the past

• Bond Issue Payments
• Stadium construction
• Parking lots
• Roof Repair
• Carpet and floor repair in classrooms
• Building Tuck pointing
• Fire Alarm Systems
• Heating and Cooling Systems , etc.
• School Bus Purchase vehicles for student
  transportation
• Harlan Project this summer
• Lockers / Building repairs / remodel restrooms /
  Classrooms

5
Revenue
6
Revenue
7
2008 Tax Rates
8
UNSPENT AUTHORIZED BUDGET HISTORY
9
QUESTIONS?