The West Lafayette Community School Corporation will work with a budget in 2013 that is nine-percent more than the 2012 version.
The district board approved the more than $29-million spending plan.
Chief Financial Officer Ross Sloat says more money going toward the referendum fund is the primary reason for the spike.
“With the referendum, this is the second year for that fund, and the needs in the first year weren't as great, but as we have more reductions, have more impact from the state, we need to rely on the referendum fund more," said Sloat.
The corporation is advertising a tax rate of $2.09. That is about 80-cents more than the current rate, but Sloat says the final amount is likely to be similar to what it’s now.
'The DLFG had a calculating error in the capital projects fund last year and then they said 'ok, you should have had some more revenue, you didn't get it so we will loan you the money with no interest and then this year you can levy to get that money back'," said Sloat.
"It would have been levied last year, but now it's this year, so that is about a penny (more) in the tax rate."
The district board also approved its bus replacement plan and three year capital projects fund.