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161: <br />Thy ~1~pel ~~.~1-rr~~r~ ~~~i~o1a raly un t~ supplnt~1 ~~hoal d~~tr~.ct t <br />~~ ~d~itf~u~ ~~ the m~nthlp ~aunt3~ appropr~.atian. ~~ aupplat~ tax is <br />approximately 1J~ ~~` their ~.~~~~ ~~ur~re~t easy ft~d re,~~n~~~ a i~ reneived <br />pr~.mazlly during ~l~ mnnth~ of J~au~rq and Fr. ~e~nuae ~~ thla rella~oe <br />~n the dls~~r~~t tai aid a~.n, ual~ the ~.t~'~ S minim ~t~t~rd ~~ a gauge, <br />a 5.5 find ba]~noe ~~1 ahuul~ ~~ ade~uat~ for ~~ ~ha~pel ~fllarrbore ~~haa~.~* <br />~ addf tlo~ to my ~n a~1y~e~ of the wave p~r~enta~~a, I h~ d~.a~u~~~d the <br />fund be.leno~ 1eve1 aPp~o~pr~.~~~ ~~r aohool s~ste~ with others lA state end <br />~e~m.~ rya ~r~ familiar ~#th ~chl and ~~.nty f ina~~~~ . ~h~ con~us <br />as that the fund 6~.1~ ~.~1 fir ~~hool sy~t~a ehvuld b~ eame~rh~t ~r t~~n <br />~~ of the ~~nty' a 8 ~taa~dd ~d that ~ ~y~t~, r~lyfo,~ on a aupplemt~~ tai <br />u~~ ~~d ~ higher ~eve1 than otherwise neoesaar~r. <br />red ~~ m~ ana~.~~ ~~d df~~ua~~.ona, ~ reo~d that the ~o~.lawir~ polioies <br />~~ e$tab~~shed; <br />1. ire qty ~~hov1~ big etch ~f~oa1 years to tl~e et~t po~~fb~.~, <br />with fund ba~.an~e avai~.~b~~ but raprfat~d i~ the 1~1 ~ux~~~t <br />ex~eaee fund that i~ ~~r, to na more than ~.7~ of tie bu~~eted <br />~xpenditur~~ ~ that fund far that year, aid; <br />~. ~hape~ ;arxbor~ 5c1~~~1~ hegi~, .~h fiscal yr, to the extent <br />possibly, with a find balance avai~.a61~ brit ~Pro~rt~d 1~ ~~~ <br />local t~rre~t ae f~sn,d Chat i~ equ.a~. to no r~ that 5.~~ a~ the <br />b~~te~ e,~e~uditures in bat fund for that year, <br />Tt suet ~~ ~~ted th~.t, based ~n t1~~ 1~ca1 ~urreat en~~ bud~ata ~rigllp <br />adopted for 1~$~-fib, Dry ~nty Sc~hvul~ fund balance ~~ve~. way e~ppro~f:a~.t~l~ <br />~~~ ~ ~Q~ chart ~f the ~.e~el receded in thl~ draf ~ po~.~.cy. ~1a~, C~~el ~i~.1- <br />r~b~ro ~hools frond balance level way appr~.~aately ~~4 ~ ~~~ ~h~rt of the <br />reo~ed ~e^~el. ~on~ida~rin,g the fedar~l. ~ut~ha~~ in assistance t~ lo~aZ <br />~~Y~~ttt~, the ~~utlty should tx~t ~~ expected to ~~i~.d~up tha school sps~ea~ <br />f~~d 6a],~ce ~.egals is ~ fia~al pear ~ 1 racammend that this be ~.~compliehed <br />~rad,l.1y ~v~r a pa~riad of seral fiscal 9ears• <br />