The Uintah School Board is holding a public budget hearing this evening at 5:30pm at the Vernal Middle School auditorium. The District provided a fact sheet this week ahead of the hearing highlighting key numbers relevant to tonight’s meeting. The Final Fiscal Year 2020-2021 Tentative Budget is $101.6 million dollars. The Tentative Fiscal Year 2021-2022 Budget being proposed is $98.8 million dollars. Tax information for the 2021-2022 budget states: the state-mandated Basic Rate is expected to generate $6.4 million dollars. The Board Local Rate is expected to generate $11.1 million dollars. No change is being proposed to this rate. The Fund 31 Rate (Debt Levy) is currently expected to generate $2 million dollars. The district administration is proposing an increase to the Debt Levy of $1.3 million dollars to cover all General Obligation Bonds. The Fund 32 Rate (Capital Levy) is expected to generate $8l7 million dollars. District administration is proposing a reduction in Capital Levy of $1.3 million dollars. The proposed increase in Debt Levy and the proposed decrease in Capital Levy offset each other. This means there is no proposed increase in property taxes. Tonight’s hearing will be live streamed on the district’s YouTube channel. The proposed budget for the 2021-2022 school year and the proposed final amended budget for the 2020-2021 school year are available to view on uintah.net.
