POMEROY — The five-year financial forecast for operation of Meigs Local School District presented to the Board of Education on Tuesday night predicts an excess of funding for the 2015-16 fiscal year and then moves into a deficit position for 2017-18.
The forecast, described by Mark Rhonemus, treasurer/CFO, as a “living and breathing document” subject to change as time goes by, was approved by the board for submission to the Ohio Department of Education as required by law.
The schedule in revenue expenditures and changes in fund balances are all detailed in the report.
The summary of significant forecast assumptions submitted in October 2013, which is always subject to change reflects changes in revenue and expenditures since that time. In some cases the revenue and expenditures in that October submission were higher, sometimes lower, as changes over the past six months occurred.
For example, property tax revenue coming into the school due to collection of delinquent taxes, will add approximately $23,500 more than was projected last fall, while tangible personal property tax revenue will increase by approximately $9,500.
As for the final figures on the financial forecast, the reports shows that fiscal year 2014 will end with a predicted balance of $1,099,504;
that fiscal year 2015, $700,773; that 2016 with a balance of 205.508; that 2017 with a balance of minus $256967; and 2018 with a minus balance of $400,897.
As for personnel decisions made by the board on the recommendation of Superintendent Rusty Bookman, the resignation of Jill Johnson as a substitute teacher was accepted; that Stacie Scarberry, as a tutor for a health handicapped student, be retroactive to May 19 at $20 an hour not to exceed 180 hours for the summer; that Dreama English-Smith be hired as a tutor for a health handicapped student at #$10 an hour not to exceed 480 hours for the summer.
Football coaches for 2014 season as recommended by Michael Bartrum, head varsity football coach included Matte Bokovitz, assistant varsity coach; Vince Vanaman, seventh grade football coach, Dan Thomas, eighth grade football coach; Jeff McElroy High School volunteer coach, and Jerry Jacks, Middleport School volunteer football coach. David Deem was hired as the Meigs Middle School Athletic Director and part-time assistant marching band director for the coming season, and Charles Rathburn was hired for the open custodial position at the Meigs Middle and Meigs High Schools.
The Board voted to create a district director of assessment and evaluation position and place it on the same column administrative salary schedule as the special education coordinator. It was also decided to create a Middle School High School instrumental music teaching position concentrating on low brass, effective for the next school year. Mona Frecker was named as the superintendent’s secretary effective July 1.
It was voted to provide Ron Hill, Carol M. White PEP Grant Project/Coordinator, 20 days extended service to be paid out of the PEP grant funds. During the meeting Hill had a presentation on the PEP program and the benefits to students.