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Feb. 15th, 2013 08:38 amFront page of the paper, above the fold: "School district has $1M deficit to trim" Quote from school superintendent: "Every little bit helps." Well, that explains why they need a bus hut. :)
From their 2011 annual financial report (available online), we can see that the total revenue for 2011 for the school district amounted to $18,367,620.00 Also, from page 24, Revenue from local sources, section 6910 "Rentals", we can see that the bus hut likely gained them a whopping $120.00 in revenue.
Since I know that my eyes glaze over when the numbers get that big, let's put in in more human-scaled terms. The shed rental represents .00065% of the district's annual revenue. My own personal annual revenue from 2011 (as reported on my personal income tax return for that year) was $37,888. Therefore, .00065% of my annual adjusted gross income comes to $0.25. That's the amount the school district is fighting about, here.
From their 2011 annual financial report (available online), we can see that the total revenue for 2011 for the school district amounted to $18,367,620.00 Also, from page 24, Revenue from local sources, section 6910 "Rentals", we can see that the bus hut likely gained them a whopping $120.00 in revenue.
Since I know that my eyes glaze over when the numbers get that big, let's put in in more human-scaled terms. The shed rental represents .00065% of the district's annual revenue. My own personal annual revenue from 2011 (as reported on my personal income tax return for that year) was $37,888. Therefore, .00065% of my annual adjusted gross income comes to $0.25. That's the amount the school district is fighting about, here.
