MRH is committed to operating a first-class school district while practicing fiscal responsibility and efficient management of district resources.

MRH utilizes the zero-base budgeting model to create the annual budget. Each building principal and department head presents their budgets to our Central Office Administrative Team for review. Those draft budgets are scrutinized and then edited and submitted to the Central Office for final internal approval. Annual personnel budgets are based on projected enrollment numbers and educational needs for the coming academic year and adjusted accordingly from year to year. Draft district budgets are reviewed and approved by the Board of Education.

Tax Rate Resolution for Tax Year 2024

2024 Tax Rate Hearing Presentation to Board

Fiscal Year 2025 Budget

FY25 Budget Workshop Presentation, June 27, 2024

FY25 Budget Impact:

Beginning Operating Fund Balances (General, Teachers, Capital Projects non-bond issue): $10,131,204
Total Budgeted Operating Revenue :  $27,450,040
Total Budgeted Operating Expenses: $29,269,444
Ending Operating Fund Balance: $8,311,800

Operating Ending Fund Balance as a % of Expenditures (General, Teachers, Capital Projects non-bond issue): 28.4%