Granby " East Grand School District revises budget
January 27, 2009
The East Grand School District anticipates its revenue falling about $197,000 below projections, but after finding $72,000 in savings it will only have to use $125,000 in reserves to keep the budget balanced.
This does not take into account $198,000 in Federal Forest Reserve Funds. The district had not heard from the Grand County commissioners about the status of these funds as of last week, though district officials say they typically receive the funds or notice by this point in the budget cycle.
∞ Per-pupil operating revenue was reduced by $103,000 because of additional students attending Indian Peaks Charter; thus, state matching funds per student go to the charter school instead of the district.
∞ The district anticipates losing $30,000 in interest because of the state of the economy.
∞ The district will lose $4,000 in federal funding for its preschool. Federal officials informed the district that they would not fund the $12,000 they projected and will fund $8,000 instead.
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∞ East Grand anticipates spending $30,000 more for nutritional services than initially anticipated.
The district has made adjustments to all line items that are over budget in order to submit a balanced budget to the Colorado Department of Education.
Some of the district expenses in excess of the original budget:
∞ Certified salaries and benefits are $22,000 over budget
∞ The Textbook Purchase fund is about $36,000 over budget
∞ $17,000 for early retirement of an East Grand Middle School employee
∞ $3,000 for additional preschool supplies
∞ $2,000 for preschool mileage
∞ Curriculum consultants, about $14,000 and $4,500
∞ $5,500 conferences ” teachers
∞ $2,000 for general admission supplies
∞ $4,000, general admission ” other supplies
∞ $5,000 was added to the attorney fees / legal account for a possible negotiation of a performance contract with Honeywell this spring.
∞ $2,000 to pay for water and sewer taps not being used at the soccer bubble.
” Katie Looby covers government and education for the Sky-Hi Daily News. You may reach her at 887-3334 ext. 19601 or firstname.lastname@example.org.