The John Glenn School Board members opened a public hearing Tuesday night to hear comments on the proposed 2019 budget.
Comments came from Business Manger Tom Bendy who commented that the entire budget totals just over $18.1 million. The newly created Education Fund is about $11.1 million and the Operations Fund at $4.5 million.
The tax rate is 1.317 and the advertised tax levy is $4.8 million.
Bendy mentioned that the Capital Projects Plan and Bus Replacement Plans still exist, but there aren’t specific funds for those budget items. Instead, it’s combined into the Operations Fund. As part of the Capital Projects Plan, about $60,000 was budgeted for new servers and network upgrades and $105,000 was budgeted for a new chiller at the North Liberty Elementary School. About $100,000 was budgeted for miscellaneous technology items which may be used for a new phone system as the current service may no longer supported.
The Bus Replacement Plan has $306,000 to replace three buses in 2019.
At the board’s next meeting, Bendy said the budget will be adopted. Also, several resolutions will be presented for approval.
“As you know, all of the revenue from the state comes through the basic grant and they don’t want to change the revenue stream,” said Bendy. “So, when they created the Education Fund and they created the Operations Fund they moved a lot of things that were paid out of the former General Fund into what will now be the Operations Fund. Every month we’ll have to be passing a resolution to transfer money from the Education Fund into the Operations Fund to cover some of those items that were formerly paid with that revenue into the new fund.”
The establishment of the new funds will also be discussed at the next meeting.
No other comments were made and the public hearing was closed.
