School treasurer says finances looking good at year’s halfway mark
By Sarah Einselen
Galion schools treasurer Linda Kidwell said district funds were in good shape at the regular meeting of the Galion Board of Education held Thursday, Jan. 12. December was the halfway mark in the school’s fiscal year. By the end of that month, district revenues were above budgeted and expenses under budget, she said.
Total year-to-date revenues and other financing sources came in at just over $8 million, about $64,300 more than had been budgeted for this point in the year. The extra came about equally from general property taxes, tangible personal property taxes and the catchall fund for other operating revenue.
Expenditures and other financing uses came in $101,600 under budget, at about $8.2 million. The purchased services fund was the one most under budget.
Most of the month’s receipts and expenses were normal.
The only expenditure that was out of the ordinary in December was $103,581 from the permanent improvement fund used to buy 149 MacBook Air laptops for staff members. The board is looking into purchasing MacBooks for students too, as part of the one-to-one computer program it’s interested in launching.
The school board thanked community members for several donations received over the last month.
A number of families donated a total of $1,170 for a new scholarship, the Dennis E. Jones Tennis Scholarship. Kidwell said that either principal or interest from that fund could be used to fund the scholarship.
The Galion Kiwanis Club donated $1,000 for musical instrument repair. The Come Home to Galion Parade donated $200 to the high school band. An anonymous donor gave $550 to the varsity boys’ basketball program.
Several musical instruments were also donated. Chuck and Maureen Neal donated a Bb clarinet valued at $500, Lynne Foust donated a Bundy student-level flute and an Armstrong flute together valued at $600, Jim Hover gave a Holton collegiate trombone with a Holton 1 mouthpiece together valued at $350 and the Galion Music Parents gave a 24-inch championship pearl marching bass drum with case and carrier, all together a value of $827.
“As always we appreciate all donations,” said board president Dennis Long. “They’re a real help.” The elementary school band has over 50 students enrolled this year, said school superintendent Kathy Jenney, and the challenge is finding instruments for all of them.
The board approved amended estimated resources and appropriations for the remainder of the 2012 fiscal year, ending June 30. It also approved a $600 Book Talk Go Mobile ITSCO grant, returned a $32,000 advance that had been transfered from the general fund to the Safe and Drug Free Sustainability Grant fund and approved a $4,488.13 Then-and-Now certificate for educating a student at Flat Rock residential facility.
The school board will meet again at 6:30 p.m. Thursday, Feb. 9, in the middle school computer lab. The public is encouraged to attend.