ALGONA COMMUNITY SCHOOL DISTRICT
Public Budget Hearing #1
March 25, 2024
The Board of Directors of the Algona Community School District, in the County of Kossuth, State of Iowa, met for a public hearing in the Boardroom, Performing Arts Center, 600 S. Hale Street, Algona, Iowa at 5:00pm. on the above date.
Present: Lany Mitchell, Tom Nugent, Jay Limbaugh, Todd Louwagie, Rodney Davis
Absent: Andrea Vinci, Brent Owen
Others Present: Superintendent Joe Carter, Secretary Lisa Chapman
PUBLIC BUDGET HEARING #1
Nuget moved to approve the agenda and Limbaugh seconded. Motion carried.
The hearing opened at 5:00pm. There were no patrons present.
Superintendent Carter reviewed the notice that was published on March 7, 2024 for the school district. The $10.02 rate per thousand was explained. This is an average of the three rates for the patrons in the Algona School District. The former district rate is the same as last year at $9.97, former Lu Verne residents have a decreased rate of $9.63 due to reorganization and the former Titonka residents have a rate of $11.31 per thousand due to their general obligation bonds. Carter also explained how tax liabilities change with rates set by districts and property valuations that patrons receive. There was also clarification regarding the Fieldhouse project. The Fieldhouse funds are derived from sales tax proceeds only. The uniform levy increase is due to the expiration of the reorganization incentives.
At 5:11p.m. two patrons entered and the notices were explained to them as well.
Limbaugh motioned to adjourn the meeting at 5:19. Seconded by Mitchell. Motion carried.
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Board President Board Secretary
