Budget Timeline

The budget preparation starts in October, using the certified enrollment data from the first of the month. This data determines the district’s property tax and state aid for the next fiscal year, starting from July 1. The certified budget sets the levies, tax rates, and expected maximum spending for each fund. If necessary, these spending amounts can be adjusted during the year. In December, the district receives assessed valuations from Story County auditors. The budget has a deadline to be certified by April 30.

School District Funding

School district funding in Iowa is a complex topic. In this video we break down the different types of funds within the Ames Community School District.