Edison Board of Mythomania's Preliminary School Budget 2021-22 - just so you know what they're proposing

 Well, the preliminary school budget is on the agenda tomorrow night for approval to send down to the County Super by March 22, 2021.

Here's the resolution for their Fiscal Year (FY) School Budget:

This is just a resolution and, of course, it doesn't say or tell you what this School Budget means to you and your school taxes for 2021. So, I'll tell you and show you how you can see for yourself.

From this you can tell that the total $pending for the FY July 1, 2021 to June 30, 2022 is $274,225,476. Total other anticipated aid is $50,583,996 leaving a FY school tax levy of $223,641,480.

Here's the change to last year's FY school budget ( you can see this by downloading their Adopted School Budget for the school year 2020-21 on their website):

Looks like the total FY $pending is down around 3.0 million, other aid up by 8.4 million and the school tax levy down by 11.4 million.

Now, when they convert this FY school tax levy of $223,641,480 to a Calendar Year basis for school tax purposes (they just take one half of last year's FY school tax levy and one half of this year's FY school tax levy and add them together) you get $229,327,324. They just take that number and divide it by the ratables ($7,281,327,324) and they get a tax rate per $100 of assessed value.

This preliminary school budget comes with a school tax rate of $3.149 per $100 of assessed value. This is a small reduction (1.7-cents) from last year's (property tax bill) school tax rate of $3.166 per $100. 

Given we've lived with the Pandemic for the past year, the bloat exponentially carried forward in these school budgets, the hoarding and huge increases in state and federal aid this year, you'd think we should of gotten a huge reduction in the school tax rate - but it's not showing up in this Preliminary School Budget for the School Year 2021-22.

Gee, I wonder why - but I also wonder how they can have public comments on the School Budget for 21-22 tomorrow night when they haven't made the school budget public yet. 

Guess you have to wait until after they vote tomorrow night to have a preliminary say or show up at the public meeting and maybe they'll give you a copy of a 30+ page document that you have little time to review and comment on before they vote at the meeting.

I don't know what they're going to do tomorrow night but if history is any guide, they will most likely tell you they can't make the school budget public until after the County Super approves it. The Public meeting on the School Budget for 21-22 isn't until sometime in early May 2021 - and that doesn't really matter either since you don't get to vote on the school budgets anymore.

But I guess we'll see. But don't kid yourself - if they really wanted your input they would of put the school budget out in public weeks ago.

You can put in your home's assessed value below and find out what this Preliminary School Budget for the School Year 2021-22 (as it stands now) means to Your school taxes:

Anyhoo, these are just numbers - they need to explain the numbers in this budget and the substance behind those numbers and we need to see the school budget itself and what's in the details before determining if it makes any sense and commenting on it's validity. It certainly doesn't look like it makes much sense at this point in time.