GF superintendent tells school board district's finances are on upswing
The Green Forest School District is building up its bank account.
Superintendent Matt Summers gave a financial report to the Green Forest School Board at its Monday meeting, noting that the balances have increased across the board when compared with the previous school year.
The district's bank balance is currently $3,486,930.07, he said, compared with $3,415,472.58 at this time last year. Summers said the operating balance is $2,526,682.66, and the legal balance is $2,576,764.51. He said the biggest difference is in the lunch fund balance, which has almost doubled from $43,058.72 at this time last year to a current balance of $87,803.75.
"We're up in all areas," Summers said. "I think we've received some tax base that we were waiting on, and that's good."
He said he would like to caution the board that the building fund, which is currently at $846,495.66, will be hit with some construction expenses.
"We are chipping away at that fund just a little bit with the transportation building, sidewalks and some other construction projects that we're doing," Summers said.
He said the installation of fireproof drywall in the new maintenance and transportation building is still being completed.
"To be honest, I don't think we're going to make the move by Thanksgiving as we had planned," Summers said. "We're working as fast as we can, but we will probably be delayed for our maintenance and custodial departments moving over to the new location."
He said a sidewalk project is also underway for the middle and high schools that will extend from the content-based instruction (CBI) classroom at the northwest corner of the stadium to the cafeteria parking lot. Although the sidewalk will be a small one, Summers said it will present some huge difficulties because of all the utility lines and cables that run through the area.
"We will hopefully get that done over Thanksgiving break. We won't have to dig very deep to install it, but we will be very careful because of all those wires," he said.
The board voted to approve setting a luncheon from 10 a.m. to 2 p.m. Monday, Dec. 5 in the Alumni Center with food service staff, maintenance and custodial staff, transportation staff and all building staff to review and evaluate their techniques and practices.
The board also voted to approve a fundraiser request from Green Forest's chapter of Future Business Leaders of America (FBLA) to work with Great American Opportunities and sell custom items.
"This is also part of a sales class for the students," Summers said. "Not only is it a great way to educate children on sales, but it also gives them the opportunity to raise some funds for that program."
Board president Bud Phillips also took a moment to commend Green Forest band and choir students and their instructors for their performance during the Veterans Day Assembly on Friday, Nov. 11.
"I wanted you all to know that I was extremely proud that you all were representing Green Forest High School," Phillips said. "The students did a wonderful job, and the instructors are clearly doing a wonderful job with them. The band and choir both sounded great, and I was honored to be sitting there having you all represent us."
The board's next regular meeting is scheduled for 5 p.m. Monday, Dec. 19, in the high school library.