Snap­ping Shoals EMC grants

Co-op gives cap­i­tal cred­its to area teach­ers

The Covington News - - OPINION - By Jenny Thompson

Snap­ping Shoals EMC awarded New­ton County Schools nearly $15,000 as part of the co-op’s new Bright Ideas grant pro­gram Mon­day.

The funds, al­lo­cated from un­claimed cap­i­tal cred­its, will be used to fund nu­mer­ous projects sub­mit­ted by teach­ers through­out the school sys­tem.

In or­der to qual­ify for a Bright Ideas grant, teach­ers were re­quired to sub­mit a pro­posal out­lin­ing their project idea.

The win­ners, cho­sen by the school sys­tem, are Linda Alle­mani, Ar­tie Brun­son, An­dria Bun­ner, Katie Burnd, Brad Fowler, Karen Greene, Donna Har­ris, Sue Ker­nan, Adam Phyall, Al Sadler, Kerry Stevens, Terry Oliv­eri and Amanda Res­tivo.

Bright Ideas grants are de­signed to help teach­ers who wish to ex­tend ed­u­ca­tional op­por­tu­ni­ties and ac­tiv­i­ties for stu­dents by de­vel­op­ing stu­dent in­ter­ests and abil­i­ties

Among the win­ning projects are “Vis­ual Lit­er­acy” at East New­ton El­e­men­tary, “Phys­i­cal Science in the 21st Cen­tury” at East­side High School and “Putting Math in Mo­tion” at Fic­quett El­e­men­tary.

As a non-profit or­ga­ni­za­tion SSEMC’s cap­i­tal cred­its, or mar- gins, are rev­enues re­quired by lend­ing in­sti­tu­tions more than the cost of pro­vid­ing elec­tric ser­vice. Th­ese are rou­tinely re­funded to the co-op’s mem­bers

This year, a to­tal of $4.8 mil­lion has been re­turned to Snap­ping Shoals EMC cur­rent and for­mer mem­bers.

Leg­is­la­tion passed in 2005 al­lows EMCs to uti­lize un­claimed cap­i­tal cred­its, which were pre­vi­ously given to the state, for sup­port­ing lo­cal ed­u­ca­tion.

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