Hot Springs Public Schools # 14-J Resolution and Notice Resolution of Intent to Impose an Increase in Levies As an essential part of its budgeting process, the Hot Springs School Board of Trustees is authorized by law to impose levies to support its budget. The Hot Springs School Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1, 2023, using certified taxable valuations from the current school fiscal year as provided to the district: Fund Supported Estimated Impact, Home of $100,000* Estimated Impact, Home of $200,000 $ 4649 decrease $2.73 decrease $5.46 decrease $ 7320 increase $4.31 increase $ 8.62 increase $ 4635 increase $2.71 increase $5.42 increase $85 increase $ 0.05 increase $ 0.10 increase $9.28 decrease Flexibility $0 increase $ 4.64 decrease $6.63 increase Building Reserve $ 11,297 increase $ 13.26 increase Total $ 18,773 increase $6.33 increase $ 12.66 increase *impacts above are based on current certified taxable valuations from the current school fiscal year Regarding the increase in the building reserve levy referenced above, the following are school facility maintenance projects anticipated to be completed at this time: Transportation Bus Depreciation Tuition Adult Education Estimated Change in Revenues* Estimated Change in Mills* 2.02 decrease 3.19 increase 2.01 increase .04 increase 3.44 decrease 4.91 increase 4.69 increase 1. Replacement of bell system 2. Repair high school boiler 3. Other repairs to facilities as deemed necessary. Hot Springs Public Schools # 14 - J Resolution and Notice Resolution of Intent to Impose an Increase in Levies As an essential part of its budgeting process , the Hot Springs School Board of Trustees is authorized by law to impose levies to support its budget . The Hot Springs School Board of Trustees estimates the following increases / decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1 , 2023 , using certified taxable valuations from the current school fiscal year as provided to the district : Fund Supported Estimated Impact , Home of $ 100,000 * Estimated Impact , Home of $ 200,000 $ 4649 decrease $ 2.73 decrease $ 5.46 decrease $ 7320 increase $ 4.31 increase $ 8.62 increase $ 4635 increase $ 2.71 increase $ 5.42 increase $ 85 increase $ 0.05 increase $ 0.10 increase $ 9.28 decrease Flexibility $ 0 increase $ 4.64 decrease $ 6.63 increase Building Reserve $ 11,297 increase $ 13.26 increase Total $ 18,773 increase $ 6.33 increase $ 12.66 increase * impacts above are based on current certified taxable valuations from the current school fiscal year Regarding the increase in the building reserve levy referenced above , the following are school facility maintenance projects anticipated to be completed at this time : Transportation Bus Depreciation Tuition Adult Education Estimated Change in Revenues * Estimated Change in Mills * 2.02 decrease 3.19 increase 2.01 increase .04 increase 3.44 decrease 4.91 increase 4.69 increase 1. Replacement of bell system 2. Repair high school boiler 3. Other repairs to facilities as deemed necessary .