District 200 budget exceeds $90 million
The Woodstock School District 200 Board of Education has placed its new tentative budget for public review.
The budget for the 2012-13 school year calls for total expenditures of $90,244,598. Within the district’s three main operating funds — education, operations and maintenance and transportation — total expenditures are $59,771,507.
About 87 percent of the expenditures in the main operating funds are allocated for employee salaries and benefits. This year’s expenditures represent a 1.03 percent increase over last year.
On the revenue side, the total for 2012-13 is budgeted to be $87,111,588. Within the three main operating funds, revenues are $58,031,159, an increase of 1.3 percent over last year.
The difference between expenditures and revenues includes allocating $1.5 million from the education fund balance and $200,000 from the operations and maintenance fund balance, which the board decided to do last year.
Other differences include $195,867 left in a capital improvement fund that will be transferred into operations and maintenance to cover routine maintenance and repairs, and $397,340 left from a 2010 life/safety bond issue, most of which will be spent to pay for recently completed improvements and repairs at Dean Street Elementary School and Northwood Middle School.
Remaining life/safety funds may be spent to replace an outdated security system at Woodstock High School, believed to have been damaged by a lighting strike this summer.
“We don’t have hard data, but after the storm it no longer worked, so it’s likely that’s what caused it,” said Ken Roiland, D-200 director of buildings and grounds.
Roiland said an interim system has been installed to secure the building, but the 15-year-old analog system cannot be repaired because of obsolete components. He estimated a new
Internet-protocol system will cost approximately $70,000.
“That includes all the fees, engineering and the system itself,” he said.
The budget is available for public review for at least 30 days, beginning Aug. 22, at the D-200 administrative office, 227 W. Judd St. A public hearing and a vote to adopt the budget will take place at the board of education meeting at 7 p.m., Tuesday, Sept. 25, at Clay Academy, 112 Grove St.