In order to support our members, MoASBO has developed a series of mentoring training videos. Each video is self-paced, allowing our members to solidify their understanding of key concepts.
In each video, you will find a solid foundation of information, with insights that are applicable to your role in school finance.
MoASBO has been preparing school business leaders since 1952. In collaboration with ASBO International, MoASBO aligns with ASBOI Professional Standards and Code of Ethics.
MoASBO supports its members in managing school district resources by providing professional growth and networking opportunities.
MoASBO Overview on Property Tax - Mentoring Video Part One
MoASBO is the leading learning organization for School Finance in Missouri. We are excited to announce the release of a three-part training video series for members. Whether you’re just starting out in school finance or need a refresher, this series is for you. We know this information might be challenging, that is why each video was designed with you in mind.
Video Summary:
In this video, we share the importance of property tax revenue and how it serves as a major source for public education.
MoASBO Calculating Property Tax Revenue - Mentoring Video Part Two
Video Summary
In this video, we review primary funds and resulting levies. For school districts, two levies may be calculated and set: an operating levy and a debt service levy. The operating levy provides local funds for the daily operation of the district, like salary and benefits for staff, services, and supplies. The debt service levy is established when voters have separately approved a general obligation bond for reasons such as renovating schools or building a new school building and is strictly used for repayment of the principal, interest, and fees of that debt. Levies must be set to four decimal places.
In this video, MoASBO provides an overview of general information relative to setting the tax levy. In addition, we utilizes excerpts and visuals from the Setting the Tax Levy workshop.
Welcome to the world of Missouri School Finance. At MoASBO, we are committed towards providing training to school business professionals across the state.
Whether you are brand new to school finance or new to a finance position, we know how important your first 90 days will be.
Kim Cranston and Jennifer Milligan provide some valuable resources in the above video.
