The purpose of the hearing is to discuss amending the Qualified Capital Purpose Undertaking Fund budget. The QCPU budget will be increased by $170,000 to pay for expenditures for the classroom addition that were budgeted in the 2011-12 school year but were paid in September, 2012, in the 2012-13 budget year. This expenditure will cause the district to exceed the QCPU fund budget of expenditures for 2012-13 which was set at $32,000.
The budget amendment will not change the tax levy.
