Details for DAVENPORT COMM SCHOOLS-legal - Ad from 2020-03-25


Department of Management Form S-A Publication NOTICE OF PUBLIC HEARING Davenport School District AMENDMENT OF CURRENT BUDGET FISCAL YEAR 2019/2020 Date of Public Hearing: April 13, 2020 Time of Public Hearing: 5:30 PM Location of Public Hearing: Davenport Schools Administrative Service Center, 1702 Main St, Davenport, IA 52803 The Board of Directors will conduct a public hearing at the above-noted time and place for the purpose of amending the current school budget by changing estimates of expenditures in the following areas by the following amounts: Area Instruction Total Support Services Noninstructional Programs Total Other Expenditures From 122,383,108 58,567,632 8,373,551 28,349,536 To Reasons 120,423,323 Reclassification of functional expenditures 64,824,067 and identification of additional 7,718,751 funding sources. 24,844,750 and identification of additional This change in estimates of expenditures will be financed from increased receipts and balances not budgeted or considered in the current budget. There will be no increase in taxes to be paid in the fiscal year ending June 30, 2020 At the hearing, any resident or taxpayer may present objections to, or arguments in favor of, any part of the proposed amendment. A detailed statement of additional receipts other than taxes, balances on hand at the close of the preceding fiscal year, and proposed expenditures, both past and anticipated, will be available at the hearing.