•December 25, 2019•
By Ariana Cherry
for The News Progress

The cash balance for the Sullivan School District stated at the most recent board meeting was $335,169.88. The balance of the Education fund was $4,637,824.83 and transportation funds sat at $1,431,386.20. Bills totaling $155,675.75 along with the treasurer’s report was authorized.
Last month, the board also authorized Superintendent Ted Walk to prepare the 2020-2021 annual budget.
Supt. Walk presented the tentative tax levy mentioning that there would be a slight decrease in the IMRF, Social Security and Tort funds. The tentative tax levy for 2019 payable in 2020 is $4,780,928. The estimated 2019 tax rate payable in 2020 is 4.1213% which was an estimated decrease of 0.0389%.     Login or Subscribe to read the rest of this story.