Director of Business Affairs, John Szabo, presented a report to the Clay Community School Board of Trustees Thursday evening at the monthly meeting.
Mr. Szabo is in charge of the $52,375,500 school budget, one of the largest budgets in Clay County, President Tom Reberger told the crowd. And we’re in the hands.
During the annual financial report, Szabo said the budget is based on the assessed value of property taxes.
Szabo explained that CCSC has attempted to reach a ratio of 0. 90 cents consistent with $100 of the appraised value.
“Our county is blessed with respect to this assessment, our tax rate, because we have a mix of residential, commercial and agricultural housing that pay taxes at other levels,” Szabo said. “Whereas some businesses may rely only on housing, for example, and lose a lot of money because of asset tax caps. This affects their school businesses and the profits they can generate there.
Another key to the budget is student enrollment.
“Fortunately, we had the highest total number of registrations since 2019,” Szabo said. “So, actually, since before COVID, our numbers have slowly increased, all the way back up. But there’s still room for some growth.
Szabo’s annual balance sheets can be a bit misleading, as there are negative balances in the budget.
“These are reimbursement subsidies. So we spent the cash first and then asked for a refund again,” Szabo said. “Frankly, the state was behind on approving grants for this year. So I ended up with a significant deficit for the first 4 or five months of the school year while they approved it. There is nothing wrong with our staff. It’s just that the state was scheduled and didn’t get those approvals.
The current budget shows that the company is $410,000 in debt due to grants.
“This was already requested for reimbursement once they submitted the approval; We’d have to get that cash overnight to balance it out. That’s how it works,” Szabo said. There is some form of deficit, because there is a few weeks delay in payment.
Regarding the state of the budget, Szabo said: “In general, I very much agree with the current situation. »
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Donation of Codeable Units
The donation of additional reading material for grades K-3 through Terre Haute Scottish Rite Valley has been questioned by board member Cheryl Schopmeyer. Schopmeyer wanted to know if it was OK for religious organizations to accept documents with logos identifying the organization.
Reberger explained that in the past, donations like this were accepted through other devotional teams. So yes, it’s a widespread practice.
The donation was approved by a 4-1 vote, and two board members were unavailable to attend the meeting.
Supervisor of Transportation
The council approved Tom Metz as the new transportation supervisor. Alvin Nation also welcomed as a new bus driver.
Purchase Internet and an additional fiber connection
The Board approved CTO Bill Milner’s request to bid for more Internet and fiber to establish a second managed site in the Office of Technology. Milner will make an offer to Zayo for the Dark Fiber option and will settle for ENA to offer 8 Gbps for 36 months. The allocation will only continue if the e-rate investment is received.
Agriculture in the Classroom Elementary School Program
The Board supports the Farm Bureau’s “Agriculture in the Classroom” program for first and third graders this year. Stephanie Schopmeyer of Schopmeyer Ag will lead the program.
Food Service Establishments Memorandum
The Council signed the annual agreement between CCSC and the Clay County Justice Center, requesting a state-certified food service facility for the center in the event of an emergency.
The Clay Community School Board of Trustees meets in monthly sessions on the second Thursday of the month at 7 p. m. at the Central Administrative Office, 1013 South Forest Avenue.
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