BOARD OF EDUCATION
DR. GUY B. SMITH, PRESIDENT BURTON YARNELL, VICE PRESIDENT KAREN COFFMAN, SECRETARY JASON MILLER
JOEY HALL

WAYNE GUilTNER, SUPERINTENDENT
313 HWY 62 E-SUITE 1
SALEM, ARKANSAS 72576
OFFICE:  (870) 895·2516
FAX:  (870) 895-4062
www.salemschools.net

HIGH SCHOOL PRINCIPAL
CODY CURTIS ELEMENTARY PRINCIPAL COREY JOHNSON

PROPOSED BUDGET OF EXPENDITURES TOGETHER WITH TAX LEVY FOR FISCAL YEAR BEGINNING  JULY 1, 2020 TO AND INCLUDING  JUNE  30, 2021

The Board of Directors of_Salem_School District of _Fulton 		County, Arkansas in compliance with the requirements of
Ark. Code Ann.§ 6-13-622 and Amendment 74 of the Constitution of the State of Arkansas, has prepared, approved, and does hereby make public a proposed budget of expenditures for the district in 2020-21 together with a supporting tax rate as follows:

Salary Fund Expenditures	$_4,500,000._
Instructional Expense	$_1,200,000._
Maintenance  &  Operation Exp.$_700,000._
Pupil Transportation Expense$_500,000._
Other Operating Expense	$_450.000._

_ 31.S 	Total Mills School Tax

Non-bonded Debt Payment	$ 	_
Bonded Debt Payment	$ 	_
Building Fund Expense	$ 	_
Dedicated Maint & Op. Exp. $ 	_

This represents no change from the previous  year.   The total tax levy proposed  above includes _31.5_mills for the
maintenance and operation of schools, _o	dedicated maintenance and operation mills dedicated for_N/A_ purposes,
and        o_  mills for debt service previously  voted as a continuing debt service tax pledged for the retirement of  existing
bonded indebtedness.  The district may use surplus revenues produced each year by debt service millage for other purposes.

Given this   

18 	

day  of _February_,  20_19_.	 	Salem.	School District

..._.	County, Arkansas
:=+.L11L....::::::::.. ----- President of Board

f:tl!J	----- Secretary of Board

"An Equal Opportunity Employer"