The board approved the budget during a recent meeting following the second of two budget hearings required by law to ensure public participation in the budgetary process.
Robin Cunningham, custodian of funds for the Cherokee County School System, said projected expenditures for 2007-2008 are $38,380,076. As she pointed out in the previous hearing, the board will have to dip into its reserve funds slightly.
Cunningham again went over the systems revenues, which come from state, federal and local funds.,
The majority of our local revenues comes from ad valorem tax, said Cunningham. We recently had our 22 mils renewed for 30 more years.
Foundation Program funding, as stated in the budget package, is determined by prior year data including the Attendance Report-20 days after Labor Day and the LEAPS/SLEAPS Report.
Calculations are school based.
Requirements for participation in the Foundation Program are as follows:
-10 mills local tax support is $1,845,810
-.884 mills Capital Project $161,680
-Minimum 180 day school term
-Teachers must be paid in accordance with approved salary schedule
-Funds must be allocated to schools in an equitable manner
Budgeted state funds for 2007-2008 (Capital Outlay) are $889,241.
These fund capital improvement projects.
-$187,530.72 is used to pay the 2003 Bond Issue.
On the subject of local revenue, Brian Johnson, superintendent, Cherokee County Schools, again expressed his appreciation to the citizens of Cherokee County for approval renewal of the school systems millage rate in the Aug. 28 election.
We really feel good about our millage renewal and our extension, said Johnson. We are excited about what we are going to be able to do. We will meet with the architect Friday and start presenting our plans. We will kind of get a scope of our vision and forecast.
The board also met in executive session to discuss the good name and character of a student in the school system but took no action following the session.
In personnel action, the board:
-Approved the certificated transfer of Brett Keasler from math teacher at Gaylesville School to assistant principal at Gaylesville School.
-Approved supplement resignation/changes for 2007 including Wendy Robertson from Sand Rock School Technology Contract of $1,200, Kevin Browder as Sand Rock Boys track coach for $1,000 and Lesley Ray who requested to receive one-half of the drama coach supplement.
-Approved postings for a dropout prevention advisor at Gaylesville School and a mathematics teacher at Gaylesville School.
In other business, the board:
-Approved out of state travel for Casey Young and four Cherokee County High School students to attend the National FFA Convention in Indianapolis, Ind. Oct. 23-27 at no expense to the board.
-Approved bills for payment.
The next board meeting is scheduled for Tuesday, Sept. 18, at 6 p.m., at the central office