District general fund goes further into red, will head back to SBRC in December

Iowa school finance can be relatively complicated.

Several different funds may only be used for certain areas.

For instance, the Physical Plant and Equipment Levy, which is up for renewal Dec. 2 on a special election, is not a new tax; it’s just a renewal of the levy with no changes to the rate.

This fund is used for infrastructure, maintaining and improving buildings and grounds, purchasing or leasing of equipment and technology purchases when the unit is over $500 in price.

Read full column in the Oct. 2 Tribune-Journal.