May 19, 2011

SCR-I Board Expecting $300,000 Revenue Shortfall in 2012

The Scotland County R-I Board of Education met in regular session on Thursday, May 12th, 2011, at 6:30 p.m. President Gary Miller called the meeting to order with Sam Berkowitz, Trinity Davis, George Koontz and Gary Miller present. Matt McKee, Fred Clapp and Randy Tobler arrived at 6:32.

Superintendent Dave Shalley offered a financial update to the board. He indicated year-to-date revenues have totaled $4,748,307.12. Year-to-date expenses are at $4,139,965.77.

"The revenue stream is coming to a close," Shalley stated. "However the expenses will continue until July."

Comparing year-to-date expenses and revenues from last year at this time with this year, Shalley noted the district is ahead $250,290.

The superintendent went on to give a preliminary budget review for the 2011-12 fiscal year.

"Using best guess estimates for revenues from local, state and federal sources, total revenues would be $4,803,119, which is down about $300,000 from last year," Shalley told the board.

He pointed out that the majority of the shortfalls are from state revenues, $121,000 from stabilization and $180,000 from formula monies.

Total expenses are projected at $5,523,020.

"This is down $65,000 from the budgeted amount last year," he said. "That amounts to a shortfall of $719,901."

Shalley highlighted expenses include the increase in retirement, insurance and a step raise.

"Our current balances rest at 39%, which is above the targeted 17%," he said. "We will continue to review the budget as more information becomes available in an effort to reduce the projected deficit."

In other business:

Bus Bids

The district received two bids for a surplus bus. The First Baptist Church bid $1,200 and Jon Fuller bid $1,010. The board voted 7-0 to accept the high bid of $1,200 from the First Baptist Church.

Overnight Requests

The board voted 7-0 to approve two overnight requests. Kasey Dial has qualified for the State Golf Tournament to be held in Sedalia May 16 and 17. The boys track team has a possible overnight stay in Jefferson City, depending on Saturday's Sectional Track results.

July Meeting Date

The board voted 7-0 to move the regular July meeting to July 26th at 6:30.

Accept Resignations

The board voted 7-0 to accept with regret the resignations of Ivy Garmon, Matt Reel, Andrea Brassfield, Tamara Tague and Lin Stephenson. The board wishes them all the best of luck in the future.

PAT Request

The board voted 7-0 to approve a request from Janie Parton to suspend her Parents as Teachers (PAT) services during the month of January, but offer the PAT services through the summer months in order to serve high need families.

This is at no cost to the district.

Consent Agenda

The board voted 6-0-1 to approve the minutes from the April 14 meeting.

Mr. Berkowitz, Mr. Clapp, Mrs. Davis, Mr. Koontz, Mr. McKee, Mr. Miller voted yes. Dr. Tobler abstained.

The board voted 7-0 to approve the following items on the consent agenda:

Appoint Audit Committee - The two-year terms of Rhonda McBee and Tom O'Donnell have expired. They were replaced by Ryan Bergeson and Brent Bondurant.

Approve Special Education Compliance Plan (required annually)

Approve Summer School Staff

Approve Special Services Agreement

Declare Surplus Property (10 sewing machines)

Procedural Evaluations as follows:

Title I - Mrs. McBee

Title II - Mrs. McBee

Title IV- Mrs. McBee

Executive Session

The board entered into executive session at 8:25 p.m. and approved the following:

Minutes from the April 14th meeting 6-0-1 (Dr. Tobler abstained).

The board voted 7-0 to go into open session for the purpose of adjournment at 9:20 p.m.

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