image
|
|
|
|
|
|
|
Phone: (314) 843-0102
|
Fax: (314) 843-0508
|
flag image

UPDATED: Lindbergh board approves 2013-2014 budget


Demographic task forced OK'd to study enrollment growth


Mike Anthony
Executive Editor
June 12, 2013 - The Lindbergh Board of Education voted unanimously tonight — Tuesday — to adopt a 2013-2014 operating budget that projects expenditures of $61,576,532 with anticipated revenues of $61,581,211 — a surplus of $4,679.

In a separate matter, the board voted unanimously to establish a districtwide demographic task force to study the district's aggressive enrollment growth.

Look for complete coverage in the June 20 issue of the Call. Tuesday night's Board of Education meeting took place after the Call went to press. Below is our June 13 print story.

A proposed 2013-2014 operating budget that projects a surplus of roughly $4,600 was scheduled to be considered earlier this week by the Lindbergh Board of Education.

The Board of Education was set to meet Tuesday night — after the Call went to press.

The proposed 2013-2014 operating budget projects expenditures of $61,576,532 with anticipated revenues of $61,581,211 — a surplus of $4,679. As proposed, expenditures total $99,563 more than the district’s final 2012-2013 budget, while revenues total $218,553 more than the final 2012-2013 budget.

Increased expenditures include a board-approved 2-percent salary increase for district employees and a 2-percent increase in health insurance benefits.

Salary and benefit increases for the coming school year total slightly more than $700,000. To help fund those increases, the proposed budget would reduce various Business Services accounts — insurance reserve, postage, supplies, elections and band uniforms — by $292,500 and transportation by $95,000, according to Chief Financial Officer Charles Triplett.

In his budget message, Triplett noted the increase in projected revenue for 2013-2014 is a result of “a rise in sales-tax revenue and a small increase in state funding for its higher revenues.”

But Triplett cited a “re-occurring reduction” in funding from the Voluntary Interdistrict Choice Corp. as the district phases out of the voluntary transfer program.

While the proposed 2013-2014 budget contains $395,918 in VICC revenues, “this amount will be less than $25,000 by 2016-’17 when we will have three or fewer VICC students in the district as upperclassmen at LHS (Lindbergh High School).”

The district’s original 2012-2013 operating budget adopted in June 2012 projected expenditures of $60,969,554 with anticipated revenue of $60,998,867 — a surplus of $29,313. However, final figures for the 2012-2013 budget place expenditures at $61,486,969 with revenues of $61,362,658 — a deficit of $124,311.

Board members discussed the district’s proposed 2013-2014 budget during a June 1 workshop meeting. At the workshop, Triplett told board members that 2013 is a reassessment year and Lindbergh’s assessed value declined by roughly 5 percent.

“... We were hopeful of having some increased assessments and some new revenue, but that didn’t happen ...,” he said. “We had about a 5-percent decrease in assessed value in the district. But we’ll be able in September, when the board sets the tax rate, to roll up our taxes if we would like, to recapture most of that revenue and stay relatively revenue neutral ... I will say this budget is based on taking that roll-up ...”

Triplett noted that 92 percent of the district’s revenue comes from local taxes, 6 percent from the state and 2 percent from the federal government.

Board President Vic Lenz said, “... What the roll-up allows us to do is to roll our tax rate up to where we’re bringing in the same total tax dollars that we had before.

“So it’s not really an increase on the community. It’s just a readjustment of that so we take in the same income and the community pays the same amount.”

The actual amount of taxes homeowners pay to the district is based on the assessed value of their home, Triplett said.


Tags: Lindbergh Schools News


  • Related Editorial
    Opinions
    Call makes endorsements for next week’s elections
    'Call the Tune' by Mike Anthony: Two Crestwood board races, two Mehlville seats, two Lindbergh seats, County Council seat contested in April 7 election
    Apr 01 2015
    South county voters will make some critical choices when they go to the polls next Tuesday, as seats are up for election on the County Council, the Lindbergh and Mehlville school boards and two wards ...
    Impact News
    Anderson, Beezley vie for Crestwood Ward 4 seat
    Candidates give their views on issues facing city
    Apr 01 2015
    A former candidate and a former alderman are vy-ing for the Crestwood Ward 4 Board of Aldermen seat in Tuesday’s election....
    Impact News
    Surging enrollment, funding growth discussed by Lindbergh candidates
    Candidates discuss impact of possible TIF for mall site
    Apr 01 2015
    Surging student enrollment and funding that growth were among topics discussed during a recent forum by three candidates seeking election to the Lindbergh Board of Education in Tuesday’s election....
    Impact News
    Lindbergh voters to elect two to Board of Education
    Four candidates are seeking two seats in April 7 election
    Mar 25 2015
    Last of two parts: Two seats up for election April 7 on the Lindbergh Board of Education are being sought by four candidates, including two incumbents....
    Our Town
    Treasurer accused of stealing $35,000 from Sappington Elementary PTO
    Police say suspect is on the run
    Mar 25 2015
    Police say a local woman is on the run after allegedly stealing $35,000 from the Sappington Elementary PTO while she served as the organization's treasurer....
Site Search


Weather
Type in your zip code and click "Go" to get your 7-day forecast.
Visit www.crh.noaa.gov