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Budget issues were a big focus of the Marlette School Board

Mary Drier

Wed, 10 Jul 2019 06:39:54 EDT

 


click on the picture to enlarge


    A varity of money issues were reviewed during the Marlette School District's Board of Education meeting.
    Two options were presented for the 2019 - 2020 budget. The first option's ending balance was negative $54,915.
    After the decrease the fund balance, there would still be a 15.1 percent reserves in the fund balance.
    The second option reduced the amount going into the capital improvements account from $75,000 to $20,000 which would provide a balanced budget with a fund equity of 16 percent in the fund balance.
    The board's finance committee recommended going with option one. Board members agreed with the finance committee's recommendation, but also noted it would require watching the budget closely throughout the year.
    The budget also includes staff reductions. Two positions will be reduced through attrition and another two will be laid off. Elementary teacher Danielle McFadden and Jr/Sr High School teacher Walter Robison will receive layoff notices.
    In other money matters, lunch prices will increase during the next school year.
    According to Superintendent Sarah Barratt, the state has a tool to calculate the cost of school meals. The lunch prices for the 2019-2020 school will increase by .20 cents for each school. The elementary school lunch will be $2.45 per meal and the Jr/Sr High School lunch will be $2.95 per meal.
   All students in the district receive free breakfast through the Universal Breakfast program.
   The board approved the approve the State Aid Note Resolution in the amount of $400,000.
   
             

 

 

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