TERRE HAUTE, Ind. (WTWO/WAWV) – Vigo County school officials work toward adopting their 2021 budget amid several unknowns.
The Vigo County School Corporation is advertising a $165.7 million budget for the year 2021.
This includes a $8.3 million referendum fund, $3.5 million rainy day fund, $8.9 million debt service fund, $101.7 million education fund, and $42.8 million operations fund.
Superintendent Dr. Rob Haworth says when calculating these numbers school officials aim for the higher end.
“Every business department, every CFO, every business manager, will identify the advertise budget in order to capture every available tax dollar,” Haworth said.
When discussing the budget year, Haworth categorized it as “unusual” due to COVID-19.
Haworth says one concern is the overall finances for the State of Indiana.
“As a state we’ve eaten into that surplus that we had. So what impact will that have on cities, counties, school districts, those taxing entities?,” Haworth said.
Haworth also says the school corporation is waiting to learn more on enrollment numbers and how they will impact funding.
“All of the counties that touch us, and I think only one has seen an actual increase in student count and i think that was by less than 5,” Haworth said.
In a time of many unknowns, other than the referendum passed by voters in November of 2019, Haworth says he does not expect much to change for local taxpayers.
“The local taxing side, your property taxes, my property taxes, I feel very comfortable and very confident again that we will be exactly where we told the taxpayers we would be when we went through the referenda, I’m probably more concerned on the educational side which is really a product of how many students you have, and the funding formula,” Haworth said.
The Vigo County school board will vote on the proposed budget on October 19th.
Haworth says the school corporation must then receive approval from the state.