Farwell BOE okays $12.8 m budget

June 26, 2015

By Pat Maurer
Correspondent

Following a Public Hearing at the beginning of the meeting June 15, the Farwell Board of Education adopted 4-1 a $12,850,033 budget for the coming year.
Revenues for the 2015-16 school year are estimated at $12,666,122, making it necessary for the district to use $183,911 of the available fund balance and dropping that total from $718,180 to $534,269 at the end of the 2015-16 school year.

At the June 1 meeting, the Farwell Board of Education approved $176,562 in budget cuts for the coming year.
The district lost 50 students this year, which equals approximately $360,000 in State Foundation allowance (Aid).  Seiter said  in mid-May with that amount as a goal, he had outlined a total of $459,340 in cuts that would not result in the loss of programs. Necessary budget additions brought the net savings down to $176,562. With $140,000 in additional At Risk Funding in the Governor’s budget, the savings to the budget will total $316,562.00.

Celebrations at the meeting included recognizing the High School Softball Team for an outstanding season and for winning the Jackpine Conference Championship.

Four eighth grade students were each awarded a $250 Middle School Honors Scholarship to Mid Michigan Community College. Students receiving the scholarships were Rebecca Gross, the daughter of John and Lisa Gross; Ryan Marhofer, the son of Joe and Shari Marhofer; Isabel Murphy, the daughter of Tom and Penny Murphy; and Alethea Sunderman, the daughter of Jason and Michelle Sunderman.

The Elementary School will have new Math textbooks next year. Laurie Warner gave a presentation on the different programs available at the June 1 meeting. The final cost for the new books from Houghton Mifflin Harcourt was $36,312.11. The board had budgeted $40,000 for the purchase.
Superintendent Carl Seiter told the board that the Federal program, Universal Service Fund’s subsidy to schools and libraries for phone and internet connectivity is being reduced. He said the reimbursement to the district for the service will decrease next year.

Other business at the meeting June 15 meeting included:
*approval of amendments to the 2014-15 budget;
*approval for a two-year leave of absence for Alisa Joseph through the 2016-17 school year; and
*approval of invoices totaling $243,591.32.

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