Budget Update #9 – 4/10/2018

Budget Update #9 – RSU #38 School Board Budget Meeting, April 10, 2018

  “Promoting student success in all areas, as we strive for academic excellence while maintaining fiscal responsibility.”

The RSU #38 School Board met on April 10, 2018 for the final FY19 School Budget meeting. At the previous meeting, the Board voted to purchase the truck and mule through a lease purchase, reducing the proposed FY19 expenditure budget by $32,000.  The Board also requested that the Administration Team (A-Team) review the proposed budget for additional cuts.

The A-Team met on April 5 to discuss reductions and reluctantly agreed to recommend cutting the proposed study hall ed tech at Maranacook Community High School. This would represent a $33,500 reduction in the proposed FY19 budget.

The following documents represent the recent two reductions totaling $65,500.00, bringing the proposed budget increase down to a 4.11% increase over FY18 with a total FY19 budget of $17, 920,249.50:

General Fund Summar Budget, Version 5

Revenue Areas, Version 5

Local Dollar Calculation Version 5

Summary Budget Changes 4/10/18

2018-2019 Budget Progression 4/10/18

After discussion, the RSU #38 School Board voted to adopt the proposed Version 5, RSU #38 FY19 School Budget.

In addition, the Board voted to adopt the proposed FY19 Adult and Community Education Budget.

The Annual Budget Meeting will be held on Wednesday, May 16, in the Maranacook Community High School gymnasium at 7:00 pm.  At this meeting, citizens will vote on the warrant articles of the proposed FY19 RSU #38 School Budget.  Please make every effort to attend this important meeting.

Sincerely,

Donna H. Wolfrom, Ed.D.

Superintendent of Schools