The Tri-County R-7 and Spickard R-2 boards of education held meetings recently, with both districts approving deficit budgets for the 2005-2006 school year.
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The Tri-County R-7 and Spickard R-2 boards of education held meetings recently, with both districts approving deficit budgets for the 2005-2006 school year.
Tri-County R-7
The Tri-County R-7 Board held a special meeting Wednesday, approving a budget that shows projected revenues of $2,071,175 and expected expenditures of $2,338,720. Superintendent Ron Garber said the budget is driven by student needs and included the additional hiring of some staff, including a third special services instructor, and expenditures for a roofing project and some other facility needs. Approving this budget meant spending over $200,000 of the district reserve, which is projected to be at $829,558, down from $1,097,000 at this time. Garber said there is a major reassessment occurring in Daviess County, which is one of the three counties served by the district and will affect the tax ceiling. The assessed valuation for the 2004-2005 school year was $11,142,410 and this year, that figure is $12,969,006. The budget will be amended in August when that ceiling is set.
Garber went on to say that it is possible the revenues will be higher than anticipated and other changes may result in the final picture looking better than it does at this point.
In other business, the board accepted a bid of $3,046.50 from Gilman City Lumber for lowering the ceiling in several elementary classrooms and agreed to have Cunningham Plumbing replace one section of the steam boiler in the old high school building.
The next regular meeting will be held at 7 p.m. on Tuesday, July 12.
Spickard R-2
The Spickard R-2 Board approved its budget, which shows anticipated revenues of $751,000 and $761,000, leaving a $10,000 deficit. The district has carry-over funds of $19,917.
The board also approved the regular budget transfers, as well as the June Core Data report and the 2005-2006 free and reduced lunch program. The board discussed, but tabled, the purchase of a larger dehumidifier and discussed the west property line and job descriptions. It was also noted that overall attendance for the year was 94 percent.
The board held an executive session to discuss unpaid lunch bills, with no public announcement made.
The next regular board meeting is scheduled for Thursday July 21.