ES board approves 2016-17 budget
The Eureka Springs School Board approved a proposed budget for the 2016-17 school year Monday night.
The proposed budget includes: $4,079,000 for salaries; $738,000 for instructional expenses; $1,547,000 for maintenance and operation expenses; $453,000 for student transportation; $211,000 for other operating expenses; a $104,882 non-bonded debt payment; and a $786,088 bonded debt payment.
Superintendent David Kellogg said the budget is not binding if the board chooses to amend it in the next year.
"It's one of those legal things we have to do. It needs to be voted on annually," Kellogg said.
The board accepted several electronic payments to be made during the 2015-16 school year. These payments are: a monthly payroll direct deposit of $300,000; a monthly federal payroll tax of $90,000; a monthly teacher retirement payment of $85,000; a monthly state payroll tax of $20,000; a monthly health savings contribution of $20,000; and a biweekly substitute service payment of $20,000.
Election documents were approved. These documents state that the public will have an opportunity to vote on the school tax rate and two school board seats with three-year terms. The 36.13-mill tax rate, the documents note, is the same rate currently being levied.
Pam McGarrah informed the board that the district's bank balance was $7,045,000 at the end of May, with its total fund balance being $7,081,000 and its legal balance $2,963,000.
Eureka Springs High School Principal Kathryn Lavender updated the board on the summer school program, saying she currently has 22 students. Some of these students, she said, volunteered themselves to learn over the summer.
"Some are starting in the fall and they're weak in math. We've had very positive comments from parents thanking us for doing that," Lavender said.
She added that these students will be placed in higher-level math classes because of summer school.
The board approved three student transfers from Eureka Springs to the Berryville School District and accepted resignations from Kellogg, bus driver Marty Martinek and paraprofessional Brittany Osbourne.
John McBryde, a full-time custodian, was hired for summer work.
The board's next regular meeting is scheduled for 5:30 p.m. Thursday, July 16, in the administration building.