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The Community News 05/22/2017 Online Now!
- Written by DAVID SCHAEF DAVID SCHAEF
- Created: 09 January 2017 09 January 2017
In a follow up to an audit report last month, Conneaut School Board members learned, in an update from Business Manager Greg Mayle, that the district, through some increased revenues and watching spending carefully, increased its fund balance by $385,064 instead of dipping into any fund balances by $1,229,468.
Some factors in the budget for the past 2015-16 school year saw current real estate taxes increase by $163,830; current Act 511 Earned Income taxes increase by $107,629; basic instructional subsidy from the state increase by $181,020; transportation support from the state increase by $143,347; and federal revenues fall by $376,739.
On the expense side, legal fees were $114,450 more than first budgeted due to the on going Conneaut Lake Park issue but most should be recovered in the end - the district finally receiving payment on the sale of the second lot recently.
The school district will soon begin budget planning for the year to begin July 1, with several factors to be dealt with including 8% annual increases in health insurance; 2.5 % increase in other insurances; and retirement payments projected at 32.57% of each general fund dollar - that is almost 33¢ of every general fund dollar going towards retirement with that projecting to go to 36.40% by 2021-22.
Read more in this weeks issue.
For additional details about School district fund balance increases, as well as the headlines noted below, please purchase a Monday, January 9, newspaper at area locations or a digital download of the paper.
- AREA BUSINESSES: SALUTE FIRST RESPONDERS!
- SUMMIT, EF, WF, SADSBURY TOWNSHIP MEETINGS!
- SUMMIT LEADERS HEAR A PRICE TAG FOR NEW BUILDING
LARGEST GROUP - Once again, Conneaut Area Senior High School had the largest contingent at December’s Tuba Christmas Erie, held at Penn State Behrend. CASH was represented by 12 students, 3 alumni and 1 teacher. Part of the group consisted of all 5 White siblings - Jordan, Aaron, Kaleigh, Ashleigh and Nathan.
- Written by Lisa Houserman Lisa Houserman
- Created: 02 January 2017 02 January 2017
Water meters and other topics CV BC meeting
There will be no tax increase in the borough of Conneautville in this new year. Council President Gene Bocan brought this to the attention of those in attendance during the December meeting. Prior to the announcement, council went over the budget and then passed it unanimously via carried motion.
Prior to the actual gathering, Cub Scouts from Pack 210 asked questions of Mayor Clark and Bocan concerning the inner workings of the local government. The Q and A period will aid in their goals of earning their “Citizenship in the Community Badges.”
Part time help
Read more in this weeks issue.
For additional details about CV boro adopts no tax increase budget, as well as the headlines noted below, please purchase a Monday, Janurary 2, newspaper at area locations or a digital download of the paper.
- AREA BUSINESSES: SHOP LOCAL IN NEW YEAR!
- CL, CONNEAUT TOWNSHIP, SUMMERHILL MEETINGS!
- CL COUNTRY CHRISTMAS
MERRY CHRISTMAS - With the coming of the holiday season, all of us, children and adults alike, should enjoy the holiday season, the visit by Santa Claus, the gathering around the Christmas tree, and the celebration of the birth of the Christ Child. May you and yours find gifts of peace, hope, and joy this Christmas season. May the true meaning of the season, the birth of the Christ Child, and that promise of everlasting life and His Love grow in your heart and in your life.