Financial Transparency » Mill Levy

Mill Levy

Plan for Districting Additional Mill Levy Revenue or Statement of Intent to Distribute
 

RESOLUTION ENSURING EQUITABLE DISTRIBUTION OF MILL LEVY OVERRIDE REVENUES TO ALL DISTRICT SCHOOLS

 

WHEREAS, Durango School District 9-R is committed to equitable treatment of all the students enrolled in all the 9-R schools; and

WHEREAS, the District acknowledges its options concerning the sharing of additional, unrestricted mill levy override (MLO) revenues with charter schools and innovation schools:

BE IT RESOLVED that the Durango School District 9-R intends to distribute to each charter school of the district an amount equal to ninety-five percent (95%) of the district's per pupil mill levy share for the applicable budget year multiplied by the number of students enrolled in the charter school for the applicable budget year. This plan will be reviewed and revised periodically as needed and at least annually.

 

ADOPTED AND APPROVED on June 19, 2018.