Total revenue for Riverside School District is proposed to be $24,608,155 with $24,933,735 in expenditures. The district isn’t proposing a tax increase this year.
Top expense categories, which reflect 95 percent of the budget, include wages and benefits, debt service, transportation, tuition, supplies and books, utilities, special education services, substitute services, Questeq, equipment and other costs, comes out to $24.9 million, with $271,368 in budgetary reserve.
The budgetary reserve includes health insurance, approved private charter and nonpublic school tuitions as well as technical school tuitions. That $271,000 is reserved in the budget for possible increases that may or may not occur.
Employee benefits showed a 6.5 percent increase due to increased contribution and medical insurance rates. Equipment, such as computers and other technology, athletics and buildings and grounds, is proposed to increase by $18,524.
Property services, like water and sewage, repairs/ maintenance, rentals, waste disposal and copier machine leases, are proposed to increase by $12,788. Other supplies such as marching band uniforms, STEM curriculum, replacing textbooks, software licensing and supplies are proposed to show an increase of $185,114.
Other expenditure drivers like debt service and fund transfers show a decrease of $11,173 this year. The proposed budget will be voted on during the Riverside School Board meeting at 7 p.m. Monday in the middle school library.
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