By Nathan Prewett, For the Tribune
LEEDS – During a short meeting at the Leeds Board of Education Building, the board passed two action items related to pavilions at Leeds Elementary School and the school calendar; Superintendent John Moore spoke briefly about plans for the year.
The board voted on a public works item in which two pavilions at the elementary school that was in “dire” need of repair were renovated at the cost of $39,000. The second action item was to approve the calendar for the 2023-2024 school year.
With this being the first meeting of 2023, Moore said that the board will be looking into teacher units and possibly adding more of them based on the school system’s growth.
“But that kind of has to dovetail with the budget that we received from the legislature,” he said. “We try to do a preliminary projection for the principals for planning purposes so they know how many teachers they may get to add to the schedule for next year.”
Chief Financial Officer Ryan Miller gave reports for the months of October and November. In October, the first month of the fiscal year, 6.37% of the general fund revenues and other financing sources were received. In addition, 2.31% of the local revenues were received, down 43.81% in October 2021.
Expenditures and other uses in the general fund were 8.07% of the budget, under a target of 8.33%. Accounts payable were $671,349. Gross payroll expenditures were $1,236,141. The month was ended with an excess of expenditures over revenues in the general fund of $485,139. The unreserved fund balance on Oct. 31 was $3,660,776.
During November, the second of the fiscal year, 14.49% of the general fund revenues were received. Also, Miller said 7.49% of the local revenues were received, which is down 34.03% from November 2021.
Expenditures and other uses in the general fund were 16.19% of the budget, under a target of 16.67%. Accounts payable were $416,076. Gross payroll expenditures were $1,216,609, and the month was ended with an excess of expenditures over revenues in the general fund of $569,407.
The unreserved fund balance on Nov. 30 was $3,549,498.
The next meeting is scheduled for Feb. 14 at 6:30 p.m. at the Leeds City Board of Education on 1517 Hurst Avenue. The board meets on the second Tuesday of every month.