COVENTRY TWP. The Coventry Local School District may have to remain in fiscal emergency a little longer.
During the Jan. 9 Board of Education meeting, the board was updated by Superintendent Lisa Blough regarding the district’s status financially.
She said this is the fourth year the district has been in fiscal emergency and officials know in order to ask to be removed the district must have a positive five-year forecast and correct any concerns with the Accounting Methods.
Blough said the Accounting Methods have been completed and submitted to the state Auditor's Office. She said the auditor has been in reviewing the five-year forecast and a discrepancy has arose in regards to health insurance costs as the district participates in a consortium program called the Council of Governments (COG).
Built into the most recent five-year forecast in October was an 8-percent increase in cost for insurance for each of the five years. The COG, however, has told the district the increase will be 10 percent each year.
This change, added into the forecast, will create a negative balance in years four and five.
Blough said she and district treasurer Sherry Tyson are working with the Auditor’s Office to figure out the best solution.
Blough said it is important the forecast is accurate as the district doesn’t want to be removed and then have to return to fiscal emergency.
In other business Jan. 9, the board:
- Approved for Chris Davis to again serve as president of the board and Josh Hostetler to serve as vice president.
- Approved for Hostetler to serve as the treasurer pro tempore for 2019.
- Approved board member Jeff Skaggs as the legislative liaison for 2019.
- Approved board member Ron Reed as the alternative delegate for legislative liaison for 2019.
- Approved board member Vicki Tavenier as the student achievement liaison for 2019.
- Approved a service fund for 2019 in the amount of $5,000.
- Approved the Alternative Tax Budget.
- Approved a contract for Jim Basketball Jones who will be doing two presentations at the middle school. Jones spoke last year as a motivational speaker to the high school students and was well received.
- Heard from Blough that the K Company is working at Coventry Elementary School on the heating units. She said a new heating and cooling unit is also being installed at Coventry Middle School.
- Heard from Davis about Snap Fitness leaving the space it was renting in Coventry Elementary School. He said it wasn’t left in good shape and there is a lot of junk remaining. He said the board needs to talk about what they are going to do with this space and whether they should legally go after Snap Fitness over the condition it left the space.
- Announced starting in February the school board meetings will take place at Coventry Elementary School theater.
- Presented a certificate to each board member as January is school board recognition month.
- Entered in executive session for the purpose of real estate with no action taken.
The next Coventry Local Schools board meeting will be 6 p.m. Feb. 20 at Coventry Elementary School. The next Financial and Supervision Commission meeting is set for 4:30 p.m. Jan. 28 at Coventry Elementary School.