What's next for Perkins Schools?
For the third time this year, Perkins Schools will try to secure new funding from township taxpayers in November.
A fall ballot issue directly results from district residents rejecting an issue asking for a larger chunk of property taxes earlier this month. Soon after this, school board members agreed to place a 10-year, 6.73-mill emergency operating levy on the November ballot.
If approved in November, the levy will generate about $2.8 million a year, stabilizing the district's deficit budget and possibly restoring some of $2 million in cuts implemented this summer.
The owner of a $100,000 home would end up paying an additional $236 a year, or a total annual payment of $1,234, up from the $998 this person currently pays.
The district is poised to spend all of its reserve cash at the end of the upcoming school year, with a deficit of about $2.2 million and a budget of about $23 million going into the following school year.
Among the fallout from the levy's failure: Students must now pay $730 to play one sport.
Read Friday's Mailbag to find out how much Perkins Schools spent on putting an issue on the August ballot.