District Budget

Huron Valley Schools is required by law to develop and approve a balanced budget for the new fiscal year by June 30th. As new information is obtained, such as changes in revenues and/or expenditures, the budget is amended quarterly throughout the year. Use the links on the left to view current and historical budget information.

School Finance

PDF Document Financial Overview
Huron Valley Schools Foundation Allowance History
Debt Refunding History
Energy Saving Initiatives

Proposal A

In 1994, voters in the State of Michigan passed Proposal A, changing the way in which schools are funded. For more information about Proposal A, and the impact to Huron Valley Schools, view these two presentations.

PDF Document Proposal A Facts
Proposal A Executive Summary

School Funding Listserv

For the latest information on school funding, join the HVS listserv and be sure to select the Our Kids Cant Wait - Fair Funding For Schools and School Legislation categories.

Check Register

PDF Document April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2 of 2 2018
August 1 of 2 2018
July 2 of 2 2018
July 1 of 2 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
PDF Document November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
PDF Document January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
PDF Document April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
PDF Document July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011

Audited Financial Reports

Financial Statements

Operating Expenditures

PDF Document 2017-2018 Operating Expenditures

Personnel Expenditures

PDF Document 2017-2018 Personnel Expenditures

ORS 3% Employee Refund Information

W-2s for the 3% Employee Refunds

You will receive a W-2 for your 3% Employee Refund in the year you received the refund. For employees active in 2018, it will be included with your other employee compensation in 2018.

To assist with your tax filing, we included the interest related the 3% Employee Refund in Box 14 of your W-2 as "3INT". Please consult with your tax preparer to see if you need to report this interest on your Federal tax return.

ORS 3% Employee Refund Information

Between July 1, 2010 and September 3, 2012, the State required school districts to withhold 3% of employees’ compensation for the Retiree Healthcare Fund. A lawsuit was started to stop the State from requiring these contributions. In December 2017, the Michigan Supreme Court agreed with the Court of Appeals that these contributions, under Public Act (PA) 75 of 2010, were unconstitutional. These funds, held in escrow by the State, have been returned to the districts that collected them.

Huron Valley Schools will be refunding these contributions to the employees that worked in the District during this period. During the week of January 8th, we received the refund information from the State; however, there are some issues regarding tax reporting that need to be answered before the funds are paid to the employees. The State’s Office of Retirement Services (ORS) is working with districts and auditors to resolve these issues as quickly as possible.

I didn't receive the email from ORS containing my contribution amounts and interest. How can I find out about my amount?

First, check your junk mail or spam folder. If after checking there, if you find you still don’t have the email from ORS, you may use one of the following methods to obtain your amount. Due to a high volume of inquiries, please allow 3-5 business days for us to respond, regardless of the option you use:

Method 1: If you are registered for miAccount External Link , you may log in and send us a message using the secure Message Board. Use the category “MPSERS 3% Healthcare Refund” and in the message, ask for your amount of contributions and interest.

Method 2: If you are not registered for miAccount External Link , you can register to send us a secure message. Otherwise, use the Guest Message Board to send a message asking for the amount of your contributions and interest. Use the category “MPSERS 3% Healthcare Refund.” In the message you must also include the following information:

First & Last Name
Date of Birth
City as listed in your address of record with ORS.

What can you do now?

Active (current) employees: If you are an active (current) employee of the District and worked at HVS during that period, please read the memo below for more information.

PDF Document 3% Refund Memo to Active Employees

PDF Document FAQs on 3% Refund as of 2/2/18

Non-current employees: If you worked in HVS during that period but are not currently employed by the District, please read the memo below for what you need to do. A letter with this information has also been mailed to the address supplied by ORS for each non-current employee.

PDF Document 3% refund memo and info for Non-Current Employees

PCMI / Edustaff employees: are not affected by this lawsuit as you did not have this 3% deducted from your compensation.

Retirement Report

The Citizens Research Council of Michigan has published this informational retirement report in the PDF Document Financing Michigan Retired Teacher Pension and Health Care Benefits document (published September 2004).