In Nov. 20-26 Issue
Though there were none in the audience save school workers to hear it, the board received the Independent auditor’s report and recommendations, with predictions many would find unpleasant.
“State funding for these programs does not meet our needs as a district,” The report states. “Therefore local generated funds will have to address these areas. Also the uncertainty of state budgeted revenue projections may impact our funding…”
The report also noted that past growth in the budget’s local tax proceeds has been based on increased property values that were due in part to additional building.
Construction is down across the country and many state and local governmental agencies are feeling the pinch.
The governor had advised Kentucky agencies and departments to scale back by at least 12 percent and there are rumors of further cutbacks in state funding for all budgets.
No solutions were discussed at the meeting, though the report noted that the district is essentially limited to a 4 percent increase yearly in local tax revenue.
In previous years that increase has come from rising property values.
In other actions the board approved the alteration of a previously ordered change in one of the contracts for work on the new band complex at the high school. About $2,000 was taken off the cost of the project.
The error was in the contractor’s application of sales tax to the bill, which is not allowed on a government funded project.
Added to the auditorium-natatorium project was $1,084. That change means the vestibule will be tiled with ceramic tile rather than carpet squares.