By DEANE ERTS
The agenda for Monday night’s Tecumseh School Board meeting set the mood for the evening’s proceedings. As the last meeting of the fiscal year, action items were scheduled for the approval of the district’s 2010-2011 budget and, inevitably, on the jobs that might be sacrificed to balance the next budget.
The jobs hanging in the balance included teachers, library assistants, instructional assistants, and secretaries.
To no one’s surprise, the budget was approved and the layoff and termination of services for the employees was approved by the board members to help balance the cash-strapped district’s ledger.
The votes on the budget and the layoffs had been the topics of discussion by finance subcommittees, a community action group, administrators, and board members throughout the budget development process in which a one-two punch from declining enrollment and decreased state and federal income for the schools had to be factored against what cuts could be made to produce a balanced budget as required in the end-of-the-fiscal-year bookkeeping of all schools and most businesses.
School district business manager William Wright presented a review of the 2010-2011 general budget and the projected general fund budget for 2011-2012.
For the fiscal year just ending, the district had revenue of $24,519,230 and expenditures of $24,477,668 with an ending fund equity of $2,183,242.
Expected revenue for 2011-2012 is $21,874,754. With the loss of the aforementioned state and federal revenues, such as American Recovery and Reinvestment Act (ARRA), which is no longer available, and total expenditures of $22,810,860, the shortfall of $936,106 will come out of the fund equity mentioned above for a reduced fund equity this time next year of $1,247,136.