The Trigg County Board of Education unanimously approved the $16,637,140.94 working General Fund budget and the $22,322,273.85 total budget when they met for roughly three hours Thursday night.
Trigg County School Superintendent Travis Hamby said the EduJobs grant money will help offset $276,942.71 in budget cuts that were passed along by the state. He also said the state has advised the district not to spend all of that money in FY11 due to a potential budget crisis in FY12.
“While this money will not act as the stabilization money for FY11, we have been told it could be in FY12,” Hamby said.
The remainder of the EduJobs money will be used to help implement the new requirements of Senate Bill One, which the Kentucky General Assembly passed during a recent session.
There has been a 5-percent across-the-board cut in general supplies in the General Fund, and in the Special Revenue Fund, budget cuts have been made to Community Education, the Vocational Center and KERA Preschool, which had its budget cut by $94,313, or 39 percent, said Hamby.
Due to those cuts, the General Fund has had to absorb some of the $276,942.71 deficit, including teacher salaries, utility and fuel costs, training costs and bus driver and bus monitor salaries, said Hamby.
Fund Two, the Special Revenue Fund, includes grant moneys, and cuts in grant moneys that were helping fund the above items were absorbed by the General Fund, added Hamby.
Revenue in Lieu of Taxes, also known as Payment in Lieu of Taxes or Impact Aid money, has been budgeted at $700,000, as the administration can’t make an accurate prediction for how much of that the school will receive, Hamby said.
“We simply cannot make an accurate prediction for Impact Aid revenue, but we do not anticipate continued payments as we have seen in the past,” said Hamby.
Aside from the $16 million General Fund, the budget contains $3,081,582 in the Special Revenue Fund, $300,136.48 in the Capital Outlay Fund, $705,772.77 in the Building Fund, $1,458,646.66 in the Food Service Fund and $138,995 in the Trigg Tots Fund.
Revenues for the Food Service Fund are based on the previous year’s actual revenues and the notification of additional funds that will be received from the Free and Reduced Lunch program, said Hamby.
In other business, the board approved paying the third of four installments to the tune of $31,410 to Mechanical Consultants for the replacement of one of the Heating, Ventilation and Air Conditioning (HVAC) systems in the district, leaving $39,063.50 left on the project. The board also approved a payment of $8,158 to Mangrum Roofing for the Vocational School re-roofing project.
The board then approved the appointment of Trigg County Middle School Guidance Counselor Katie Hamilton as chairman of the Admissions and Release Committee (ARC), declared 20 fourth grade textbooks as surplus and approved an agreement specifying who can know which students are on free and reduced lunches.