The Governing Board of the Scottsdale Unified School District unanimously approved a $372.7 million expenditure budget for the fiscal year that begins July 1.
The Governing Board took the vote on June 23 at the Board’s regular monthly meeting. The budget includes $174.1 million for Maintenance and Operations, $25.3 million for Capital expenses, $42.4 million in Bond spending, $19.6 million in state and federal grants and $111.2 million in other funds.
Under the M&O budget, SUSD taxpayers will see their combined primary and secondary tax rate decrease by about 3%, the fourth consecutive year with a reduction, according to a press release.
Highlights of next year’s M&O budget, the majority of the District’s spending, include: