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| No Cuts in Abingdon Schools Proposed Tentative Budget |
The preliminary budget for the Abingdon School District for the new fiscal year appears to be in good shape, even with increases in a number of areas.
The District 217 School Board recently got a first look at the proposed spending plan, which is about 7-million dollars. It includes some state required accounting changes---like separating the Tort fund from the Education fund, which will create a $49,000 deficit. That will be covered by an interfund loan, which was recommended by the district's auditors. There's also expected to be deficits in the Operations and Maintenance and Transportation Funds, prompting adjustments to those.
Superintendent Tami Roskamp says besides rising fuel, utility and food costs this year, and declining Equalized Assessed Valuation of property, the school district will incur a new expense.
"We are having to start a breakfast program. Our breakfast program is based on the free and reduced count of 40 percent, which at the middle school we are over 40 percent so we're required by the state of Illinois to provide a breakfast program."
Roskamp says the school district does get some help.
"We get some money to start up the program for purchase of equipment, but we do have additional labor costs that wouldn't have been in last year's levy. So again we do have to plan for that, and then plan for that in the future."
Despite the increases, Roskamp says overall, the school district's budget is balanced and no budget reduction plan is required. She says with the previous year's balances, the district should remain in the positive side of financial status---although the budget will reflect more expenses than revenue.
The 2008-09 tentative school budget will be on display in the district office for at least 30 days prior to board action in September. A public hearing will be held on September 17th at 6:45 p-m in the district office.
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| 08 17 08 by Newsroom |
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