South Harrison Superintendent Dennis Eastin presented South Harrison School Board members with a “worst-case” scenario budget for the upcoming fiscal year that, if realized, would deficit spend a little over $600,000 for the year. South Harrison School Board members approved that budget during a special close-out meeting to the fiscal year on Monday night.
Superintendent Eastin says education officials are predicting more cuts to be made to state funding that schools receive sometime after July 15th when state taxes are due. The budget approved by South Harrison assumes a reduction in state funding of $656,000. South Harrison’s reserve balance could still absorb such a budget deficit and keep a reserve balance of 34.38%. The budget assumes a $75 million budget reduction in state funding for all schools to be made for this fiscal. All school officials will have much better knowledge about how the budget will affect their individual district after the budget cuts and amounts are identified. Superintendent Eastin did tell board members that education officials are under the assumption that the governor will only make a one time cut to the education budget for this fiscal year.
The South Harrison budget includes covering 100% of employee health insurance. Certified staff members will receive a $200 increase in base pay and step increases. Administrators will receive a $550 raise in pay. Bus driver pay remained at $64 per day.
The budget includes the purchase of a new bus. The bid for that bus was also approved Monday night. It will come from Masters Transportation. A kitchen hood installation/fire suppression system is also included in the budget. New math textbooks for K-through-8th grades and will cost $51,073.
South Harrison’s board approved a reduction in Professional Development expenditures for the year. That amount will be reduced from 1% to 1/2%.
The board also approved the formal contract for the Career Center’s 2020-21 Building Trades Project during the session.
South Harrison’s new board member Jack McCall also took the oath to office at the meeting. He will be filling an unexpired term through April of 2021.