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• "When we voted to take the pay cut," Nelson said. "I said I wouldn't take any pay until the four programs that we were forced to limit funding too were fully funded again. They still aren't fully funded, so I vote to keep the salaries at zero."
• During the budget hearing, Business Manager Mike Weber reported that all accounts were healthy.
• There won't be any need to raise the tax levies for next year," Weber said. "As value added infrastructure (also known as other revenue) and local land prices increase, so does our school district valuation."
• In fact the valuation has increased over $300 million over the past three years and the projected estimate for fiscal year 2015 is $914 million.
• "As a result the corresponding taxes generated by state mandated tax levies will exceed recognized need in state aid funding," Weber added. "In the spring of 2015 I anticipate that we will no longer receive state aid funding, surviving only on our locally generated tax revenue."
• Weber stressed to board members the importance of keeping the other revenue tax dollars generated in our area for use in the same area.
• "With the push at the state legislature to take these funds and spread them across the state," Weber said. "We would lose a large portion of our funding. Be (Continued on page 4)
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