Budget Information

The school budget represents the educational program of a school community translated into expenditures. The budget covers a calendar year, January 1 - December 31.

There are three major funds in Blue River Valley Schools. Each has a purpose and cannot be co-mingled.

Education Fund

Operations Fund

Debt Service Fund

Education Fund - Funds for teacher salaries and benefits, instructional assistants salaries and benefits, classroom supplies, and media services

Operations Fund - Funds for transportation, bus replacement, capital projects, maintenance, utilities, and technology.

Debt Service Fund - Bond-related debt obligation incurred by the corporation, mostly facilities.

The operations fund and debt service fund are primarily sourced from local property taxes. The education fund's primary revenue source is state income and sales tax.

Taxpayer Resources

Taxpayers can view budget notices in one central online location at BudgetNotices.IN.Gov.