There are about 80 K-8th grade students who live in our area, but for whatever the reason choose to attend other school districts other than Vernon School.
The budget for the year is 3.5 Million. The district receives $5,497 base support from the state for each student, that is part of other funding not including property taxes for a total of $2.6 million.
To makeup the difference of $895K of the $3.5 million budget, the district must levy a property tax rate of 6.3380%. If those 80 students would attend Vernon School, this would bring in additional $440K in revenues and would cut our school tax rate from 6.3% to 3.2%. Currently the school tax is 48% of your property tax bill. Including property taxes, the district the per pupil revenue is $21,114, which is 2.13 times higher that the State average total per pupil revenues of $9,920.
This brings about several questions. What is the reason that 40% of the K-8 students who live in the Vernon do not attend the local school? Why are we even being taxed? If we deduct the revenue from property taxes, the amount of revenue would be $15,826 for each student. This amount is still 1.6 times higher than the state average total per pupil revenues of $9,920.