Local
The Board of Education, through the adoption of the annual budget, shall prepare an estimate of
the amount of money to be raised by taxation for the ensuing school year, the rate required to
produce the amount, and the rate necessary to sustain the district meeting principal and interest
payments on the bonded indebtedness and providing the funds to meet other legitimate district
purposes.
Whenever it becomes necessary, in the judgment of the Board, to increase the tax rate beyond the
authorized level (the amount last approved by the voters of the district or as subsequently revised
according to law), the Board shall determine the rate of taxation necessary to be levied in excess
of the existing rate and submit the proposition to the voters of the district. Election procedures
shall be in compliance with state law and Article X, Section 11(c) of the Missouri Constitution.
State
The Board of Education will accept all available state funds to which the district is entitled by law
or through regulations of the Missouri State Board of Education and/or Missouri Department of
Elementary and Secondary Education. State funds, both categorical and general, are based upon
objective formulae. The superintendent shall be responsible for ensuring that the district files the
required reports and forms to secure the amount of state funds to which it is entitled.
Federal
Applications shall be made for federal funds when available, provided that none of the conditions
of acceptance is in disharmony with state law, the policies, rules and regulations of the Board of
Education and the objectives of the district. The school district shall comply with all federal
requirements governing these moneys, and shall account for each federal project separately and
expend said funds as authorized by the approved project application only.
* * * * * * *
Note: The reader is encouraged to check the index located at the beginning of this
section for other pertinent policies and to review administrative procedures
and/or forms for related information.
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Adopted: 10/14/1993
Revised: 06/08/2000
Cross Refs: CGC, State and Federal Programs Administration
Legal Refs §§ 137.073, .115, 163.021, .031, 164.011 - .041, RSMo.
Mo. Const., Art. X, § 11(c)
34 C.F.R. Parts 75-110
St. Charles School District, St. Charles, Missouri
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