Ironwood School board approve budget

Written by on June 25, 2019

IRONWOOD – At last night’s Ironwood School board meeting board members say the numbers for the next budget may not be where members want them to be, but they are trending in the right direction. That’s the message the Ironwood Area Schools’ board of education heard Monday regarding the district’s fund balance as the board approved the final round of budget amendments for the current fiscal year and passed next year’s budget. Although the exact numbers won’t be finalized until the annual audit is complete, Superintendent Travis Powell said the district’s fund balance grew from $96,110 to approximately $316,375 now. The $220,265 improvement largely came from a mixture of reduced expenses and additional revenue from the state and federal governments. He did warn the fund balance could change somewhat as the auditor completes his work. The final budget amendments saw the revenue for the year increase from $8,086,823 to $8,413,829; and the expenses increase from $7,914,180 to $8,097,454. According to the numbers approved last night, the district is projecting $8,502,928 in total appropriations and $8,185,525 in expenses. If these numbers are borne out, the district’s fund balance would increase to $317,402 at the end of the year.In other action, the board Approved purchasing a new server and phone system for a cost of $18,900. The purchase will be part of the technology upgrades authorized in the recent bond measure, according to information presented at the meeting; Approved the school calendar for the upcoming year, with Aug. 27 as the first day of school and June 4 as the last day of school; Approved the Superintendents evaluation, rating Travis Powell as “effective.”; Authorized the 2019 tax rate request and the 2019 summer tax collection agreement.

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