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


