Will SCASD Have a Tax Increase in 2021-22? Here's Where the

Will SCASD Have a Tax Increase in 2021-22? Here's Where the Budget Stands


As it stands, the
proposed budget — which includes revenues of $167,859,087 and expenses of $166,962,817 — maintains the tax rate at at 46.0875 mills for the third consecutive year. The projected unassigned general fund balance would be $13,223,859.
Largely due to uncertainty related to the economy, however, district expenses are projected to begin outpacing revenues in 2022-23 and continuing through 2031. Such a deficit could lead to a negative fund balance as early as 2026-27.
“This is something we have known. We have just been trying to prioritize looking at the first year budget and then in the first five years,” Randy Brown, SCASD finance and operations officer, said. “But as we continue to look out further … we believe that we need to have some further conversations.”

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