Operations Fund

The Operations Fund represents approximately 23% of the school corporation budget.

Revenues to the Operations Fund come from:

  • Property Taxes

  • Local Income Taxes (LIT)

  • License Excise, Vehicle Excise, and Financial Institutions Taxes

  • Latch Key Program (Students After School - SAS) Enrollments

  • Secured Schools Safety Grant (SRO Grant)

  • Rental and Miscellaneous Fees and Reimbursements

  • Education Fund transfer

** Property tax collections in the Operations Fund are where Property Tax Circuit Breaker Credits are applied (approximately $ 700,000 in 2025). These are funds property tax payers do not pay due to property tax caps.

Expenditures from the Operations Fund go to:

Expenditures from the Operations Fund go toward expenses not directly involved in classroom instruction.

  • SAS, Custodial, Maintenance, Bus Driver, School Board, Central Office Salary and Benefits

  • Building Maintenance/Repair Expenses

  • Transportation Related Expenses

  • Utilities

  • Insurance Expenses

  • Legal Expenses

  • Corporation Supplies/Miscellaneous Costs

2025 Operations Fund