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The Suburbanite
  • Green Local finances stable through 2015

  • At a rescheduled May meeting, members of the Green Local Schools Board of Education heard about changes to the five-year forecast.

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  • At a rescheduled May meeting, members of the Green Local Schools Board of Education heard about changes to the five-year forecast.
    Treasurer Eydie Snowberger discussed the revised five-year plan after getting new information from the state. In a slide presentation she highlighted several key items that may affect Green Local in the coming .
    While property values have dropped $32 million, this represents only a 1.8 percent loss in Green. To accurately plan the five-year financial outlook, Snowberger, said she projected no increase of decrease in state funding for the forecast.
    Snowberger went on to discuss cuts Green has already put in place to help maintain a balanced budget. Those savings included five premium holidays from the school provided medical insurance. Medical insurance rates have only increased 4.5 percent for 2014 compared to the 10 percent industry standard.
    While legal fees have increased and some construction has taken money, the schools have cut staff through attrition, reduced supply and material costs in the classroom and reduced building projects, professional development and technology equipment.
    Snowberger projects that the schools will continue to operate in the black up through 2015 but will begin seeing deficits the next year. Her hope, however, is that conservative estimates in the five-year forecast may allow the district to operate in the black through 2016 or 2017, but that depends on state funding and other revenue-related issues.
    Boards members pointed out that when the last levy was passed the board had projected that there would be no need for additional monies up through 2015.
    In other business, the board:
    • Learned that the resignation date of outgoing Superintendent Michael Nutter, who was not in attendance at the meeting,  has moved up to July 1 from July 30.
    • Recognized students of the month. They were Kelsie Keefer, Greenwood; Michael Bidinger, Green Primary; Zarah Belacic, Green Intermediate; Arora Givens, Green Middle; Dara Willis and Daniel Hawk, Green High. The board also recognized the following student leaders: Matt Cefalu, Josh Conant, Aleigha Craig, Jordan Hallbauer, Addison Hujar, Andrew Magill, Jennifer Naegeli. Sean Nischwitz, Maria Pappano, and David Thum.
    • Approved a one-time transfer of $50,000 to the Athletic fund to cover expenses in fiscal year 2013.
    • Approved a one-year contract with NEOnet to outservice payroll services. This will reduce cost for in-house services by $38,000 and will be looked at again at the end of the service for possible renewal.
    The next board meeting will be held at 6:30 p.m. June 17 at the Central Administration Building.