Farm­ing­ton School Ap­proves $20 Mil­lion Bud­get

Washington County Enterprise-Leader - - NEWS - By Lynn Kut­ter

FARM­ING­TON — The School Boar on Aug. 21 ap­proved a $20.5 mil­lion bud­get for the 2017-18 school year.

Pro­jected rev­enues for the year in­clude $5.5 mil­lion from prop­erty taxes, $12.5 mil­lion from state aid based on stu­dent pop­u­la­tion, $890,000 from Act 79 (home­stead taxes from the county) and about $500,000 from the fed­eral school lunch pro­gram.

Pro­jected ex­pen­di­tures are $10 mil­lion for the teacher salary fund, $8 mil­lion for the op­er­at­ing fund, which in­cludes em­ployee ben­e­fits, op­er­at­ing, main­te­nance and trans­porta­tion ex­pen­di­tures, and salaries for clas­si­fied em­ploy­ees.

The dis­trict’s debt ser­vice for 2017-18 will be $2.3 mil­lion in prin­ci­pal, in­ter­est and fees.

The dis­trict will be­gin the year with a be­gin­ning bal­ance of $740,000 and es­ti­mates an end­ing yearend bal­ance of $711,000. For 2016-17, the school was able to trans­fer $780,000 to its cap­i­tal im­prove­ment projects fund and this is not re­flected in the be­gin­ning bal­ance.

Mandy Uher, dis­trict trea­surer, said the state has changed how it will dis­trib­ute money based on stu­dent growth and this will most likely mean a re­duc­tion in state aid for Farm­ing­ton.

Schools re­ceive $6,713 per stu­dent from the state and stu­dent growth is im­por­tant for rev­enue, said Su­per­in­ten­dent Bryan Law.

“We need stu­dent numbers to come up,” Law said, not­ing Farm­ing­ton uses its stu­dent growth money to pay for cap­i­tal im­prove­ment projects and other non-re­cur­ring costs in the class­room.

State aid for 2017-18 is based on a stu­dent en­roll­ment of 2,500 stu­dents. En­roll­ment for the first week of school was around 2,460 stu­dents but these numbers tend to change daily dur­ing the first few weeks of school. The school will send in its first of­fi­cial re­port on en­roll­ment numbers on Oct. 1.

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