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2019-2020 MSAD #49 School Budget Proposal
2019-2020 MSAD #49 School Budget Proposal
Lori Faulkner
Monday, May 06, 2019

Dear Citizens:

This booklet displays the amounts and organization of proposed expenditures
and revenue for the 2019-20 budget as you will see them at the May 14 budget
meeting. The school board is proposing a total budget of $27,153,665. That
represents $656,848 increase over the current year. The school board worked
hard to reduce the initial budget request from about a 6.3% increase in order to
limit local taxes to under 1 mil rate. The detailed budget is available at the link below:

You will find detailed explanations of each budget article and the sources of
revenue to fund the budget in this booklet. Articles 1 through 11 represent
expenditures in a format required by the State. Articles 12 through 14 authorize
raising the funds and Article 15 summarizes the budget. The State is requiring
the shift of costs to support school lunch from Article 11 to 17 and shifting
funding authorization for funding that amount from Article 14 to 17. Article 16
authorizes spending funds from additional grants and gifts as long as they do
not require additional taxes and the final article supports adult education. This
budget reflects the district’s actions to balance needs and resources. If you have
any questions, please contact any board member or me. Thank you.

Reza Namin, PhD
Superintendent of Schools