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District 191 receives financial award for 29th consecutive year

For the 29th consecutive year, Burnsville-Eagan-Savage School District 191 has received an award for financial reporting from the Association of School Business Officials (ASBO) International. The Certificate of Excellence in Financial Reporting (COE) Award is considered to be the gold standard and the highest recognition for school district financial operations.

“This award represents a significant achievement and reflects your commitment to fiscal integrity and high quality financial reporting,” wrote John Musso, executive director of ASBO.

District 191 tax levy will decrease in 2017

The annual operating levy will decline by about 2.4%  in Burnsville-Eagan-Savage School District 191 next year primarily because debt has been refinanced to lower interest rates.

The District 191 Board of Education has taken advantage of lower interest rates to refinance eligible bonds recently. This is similar to when homeowners refinance their mortgages to lower interest rates thus lowering their payments.   

Funding imbalances continue as District 191 looks to set budget

Members of the Burnsville-Eagan-Savage School District 191 Board of Education are developing a General Fund budget for the 2016-17 school year which must be finalized by June 30. They’ve indicated they’ll use the budget reserve again to avoid reductions for next year as Vision One91 is implemented.

Vision One91 is the work to redesign the district to meet the needs of today’s learners. It involves grade realignment, expanded technology and new opportunities for students.