Medical Lake School District approves budget
By AL STOVER
The Medical Lake School District has their budget for the 2014-15 school year.
The board of directors approved a resolution to pass the budget at the June 24 school board meeting.
Business manager Don Johnson said this was the easiest budget for him and assistant business manager Chad Moss to build in the last 3-4 years. He added it wasn’t as tight as other budgets in the past and the extra money from the state helped.
“We didn’t add much to what we’re doing for this next year,” Johnson said. “The big thing for us is continuing all-day kindergarten. That’s going to be easier this year than it was last year.”
This year Johnson budgeted for 1,755 full-time equivalent students, which is the same as the ending enrollment for 2013-14. He added this year broke a string of 11 years of declining enrollment.
The general fund revenues are $19.1 million with $19.4 million in expenditures. Most of the increase is from salary and benefits. Johnson projected a beginning fund balance of $1 million and an ending fund balance of $700,000. He added that there is $400,000 in contingency for the budget.
“It’s been our experience that having a little extra in there is nice in case we have more kids or if something else comes up we won’t have to do a budget extension,” Johnson said. “I think there’s a good chance that we’ll end the year with our fund balance close to where we started.”
The transportation vehicle fund balance estimate is $201,000 with $230,000 in expenditures. Johnson said the district ordered a new bus and it will arrive in September.
In regards to Title I funds, Johnson said there is a $250,000 deficit and reduced allocations by 20 percent. He said the district might have to set aside that 20 percent because Medical Lake schools did not get the federal waiver, however Johnson said there might be an out from the Office of Superintendent of Public Instruction (OSPI).
“When the district did the construction project at Hallett Elementary and the middle school, the district reconfigured the grade spans,” Johnson said. “That restarts schools on the Adequate Yearly Progress (AYP). The offices of OSPI are looking into that. If that goes through, the budget will be better.”
Johnson said there would be $3,000 from investment earnings going into the Capital Projects Fund. He projected the beginning fund balance to be $317,000 with expenditures set at $300,000. Johnson said the money could go into roof replacement or the construction of a maintenance building.
Johnson said impact aid estimates for this year were lowered by $100,000. He said the district has a couple of payments “hanging in the air” and suggested that if the district gets more money in Impact Aid, it could be put into the capital projects fund or any other projects.
In regards to the debt service fund, the taxpayers of the Medical Lake School District will be assessed $1.367 million for debt service during 2015, which is an increase of $17,000 from last year. The high school bonds will be paid in December.
For the ASB fund, revenues are set at $332,805.
“All of the schools are doing a good job with their ASB (budgets),” Johnson said.
In other business:
● The board approved rollover bids from Dairigold, Food Services of America and City Services Valcon. They also renewed contracts with Leo’s Photography and Culligan.
● The board approved the extended learning program for summer.
● Maintenance supervisor Gary Hartman said the automated card security system for the doors in high school buildings is ready to go.
● The board held an executive session to conduct outgoing Superintendent Dr. Pam Veltri’s evaluation. No action was taken after the executive session ended and the meeting resumed.
Al Stover can be reached at firstname.lastname@example.org.