001States of America to the Republic for which it stands. One nation under God, indivisible, with liberty and justice for all. We'll go ahead and get started. First up is any public comment? No. And then I'm going to turn over Roger for the public hearing of 2026 budget information only. Okay. Each year we do a public hearing for the upcoming budget which is our 2026 budget. And uh there's any public that has any comment, they are welcome to comment on it, but I don't see anyone here this evening. So, let's just go through uh this sheet that shows last year's information and this year's information. Uh as of today, our ADM is 180 students. the projection when I worked on the budget uh I projected 170 students. So that that's a good thing. Our education fund
002budget for 2026 is 1,686,685. Uh our budget for rainy day is $150,000. Our debt service budget is $300,000 with our estimated levy at $238,283 which is 0.5295 on our rate. And then our operations fund uh budget is $700,75 and our estimated levy is $453,420 which is a dollar less than a dollar one. Uh the levy is the money that we're raising with property tax, just as a reminder. And then our rates over here are based on an estimate that was 15% lower than last year. I based these rates on $45 million. Uh our actual AV last year was 53,896733. So the advertised rate for this year will be a dollar 5371. That rate will go down uh uh assuming that our actual assessed value is over 45 million which I'm pretty sure it will be.
003So right now our advertised rate is a little over 30 cents less than what our actual rate was last year. So I'm looking at somewhere between 30 and 50 cent decrease in rate for uh for the for car township. U it actually if you look back last year we are going to save $299,350 over what we raised last year. So 43.3% reduction to our taxpayers. So that was our goal when we were started paying off loans and did this other project. So um it looks it looks pretty good for our taxpayer. Should save them several thousand. Does anybody have any questions on the budget? >> Okay. Uh next item on the agenda, I have two resolutions. This is something that we do every year when I work through the budget. Uh they are uh resolutions
004to reduce appropriations. I have a resolution to reduce appropriations for the rainy day fund by $50,000. And then I have a resolution to reduce the 2025 appropriation in our operations fund by $125,000. Okay. >> We'll need a motion and approval for that. I need a motion approve the resolutions. >> Make a motion. >> We second it. >> I'll second it. All in favor say I. >> I. >> Same side guess pass. >> Okay. That is all I have. >> Okay. And other business. Uh other business is me and Roger had a long talk today. As you know, health insurance is going out the roof. He asked me if I can help him on some of his insurance and I said, "Okay. So I said, I know what he's paying a month and I said, would
005$6,000 help you through the year? He said, yeah, I cut my premium down in half. So I'm going to need a motion from the board to go ahead and approve $6,000 will be applied to a school sponsor health plan, which I agree with. >> It'll be operations. Yeah, which we got it >> right now. We're paying 10,000 for the administrators who are on our health insurance. We're paying7500 for uh all teachers or employees that are on our health insurance. And I just ask uh Mr. Campbell if he would consider putting 6,000 towards money, >> which Roger may agree to, and I support it. So, I'll need a motion to accept. >> I'll accept it. Second, a second. >> Second. >> All in favor say I. >> Same sign again. Motion carried. >> Uh, see these
006signs, right? >> Yeah. Do you want to take it down that way? Come this way. Can I have this one? >> Any other business need to come for the board on the budget hearing? If not, I'll make a motion to adjourn. >> Second. All >> in favor say I. >> Same sign again. Next board meeting is October 13th, 4:30. Thank you.