“I feel like we’re getting the money where it needs to go,” said Dr. Bobby Hathcock, after the board approved the proposed budget.
The board is required to submit the 2013 fiscal year projected budget to the state by Sept. 15. The 2013 fiscal year begins Oct. 1 2012 and ends Sept. 30, 2013.
Hathcock said about 77 percent of the budget is for payroll or money spent teaching students. He pointed to a graph that showed where system money is being allocated.
“That a good graph for any school system,” he said.
The school system is expected to finish the fiscal year with an ending fund balance of $15 million and school officials expect the ending fund balance for fiscal year 2013 to exceed $2 million.
School systems are required to have at least one month of operating expenses on hand. The total monthly operating expenses for the Pell City school system is about $2.3 million.
Tanya Holcombe, the chief financial officer for the school system, said school system owes about $37 million in long-term debt, and the school system’s debt payment for fiscal year 2013 is about $1.8 million.
Holcombe pointed out some changes she made to the proposed budget at Monday night’s board meeting.
Two additional teacher units were added to the 2013 budget, and $5,695 was earmarked for new band instruments.
Holcombe said the band boosters will match the band instrument money.
She also estimated the board will receive about $49,000 more than first estimated from the 1-cent sales tax the board receives from the city. She also noted the board will received an additional $5,519 for gifted education.
According to Holcombe, about 54 percent of the total operating expenses for the school board during fiscal year 2013 will go towards instructional costs, 14 percent for instructional support, 9 percent for operation and maintenance of school facilities, 12 percent for auxiliary costs, 4 percent for general administrative costs, 6 percent for debt service and one percent for other expenditures.
In other matters Tuesday night, the board:
• Approved to hire the following personnel: Jill Perry as a Coosa Valley Elementary School teacher; Darren Blakely as the Pell City High School C-Team softball coach; Tara Fincher as an Iola Roberts Elementary School teacher; and Michael Davis as a shop assistant for the transportation department.
• Approved to add the following people to the substitute teachers list: Donna Edmiston, Rebecca Glenn, Stephanie Shield, Michael Lipham, Courtney Joiner, W. T. Benefield, Michelle Lipham, Dara Lee, Jerry Ann Rich, and Shelly Green.
• Approved to add Joshua Dorough to the substitute bus driver list.
• Approved to add Deanna Weed to the substitute lunchroom worker list.
• Approved the following contracts: Milestones Behavior Consulting, LLC, for behavioral services; GROW Consortium, as a grant consultant to help identify funding sources, develop proposals and write grant applications: and LEAPS Academy to provide language and behavioral services.
• Approved the following Calendar Committee members: Chad Smith, Christy Minor, Diane Baker, Rhonda Nolin, Brittney Smith, Judy Braden, Jocelyn Schilling, June Thomason, Myrus Strong, Shelly Harmon, Kent Underwood, Melissa Kelley, Judy Simmons, Christy Ginn, Cynthia Williamson and Tony Dowdy.
• Approved the following Policy Committee members: Darius Williams, Debra Stephens, Kelli Whitten, Yulanda O’Neal, Cindy Pruitt, Tony Dowdy, Cory O’Neal, Laurie Henderson, Judy Braden, Amy Martin, Amber Kay, Lennon Bonds, Dana Bloodsworth, Richard Garris, Dori Rich, Christa Bryan, Christy Ginn and Jocelyn Schilling.
• Approved the following Textbook Committee members: Jamie Jack, Terry Kincaid, Lorena Reid, Michelle Shelton, Andy Hadley, Tony Dowdy, Christy Ginn, Jocelyn Schilling, Melissa Simpson, Nancy Kilgroe, Jennifer Cohron, Rhonda Beaudoin, Kim Williams, Michael Barber and Judy Braden.
• Approved to renew the 2012/2013 ARMS General Liability/Errors and Omissions Coverage for the amount of $9,137.
• Approved the 2013 fiscal year salary schedules.
• Announced the next board meeting is set for 6 p.m., Tuesday, Oct. 9.