OCR Text |
Show Hearing called on School Budget A public hearing on the proposed budget for the Iron County School District for fiscal 1977 will be held Tuesday June 29 at 8 p.m. at the District Offices. The district is proposing a $5.5 million dollar budget for the next fiscal year. Basic sources of revenue for the budget come from property tax and from state revenues in the state equalization program. In the Maintenance and Operation Budget, tentatively set at $3,656,215, approximately $2,422,565 would be provided through state funds with property tax expected to provide $1,089,094. Other sources of revenue would make up the difference. The Capital Outlay budget has been set at $1,566,000; Food services at $250,272; tort liability fund at $8,467 and recreation at $41,806. On the expenditure side of the ledger it is anticipated that the total expense for instruction will be $2,284,863, of which $2,145,710 is budgeted for salaries and instructional staff. Expenditures for Health Services is tentatively set at $11,957 and transportation costs for the year are expected to be $115,059. Total operation of plant expenses including salaries, utilities, fuel or heat is set at $303,827. Fixed charges, such as state retirement and social security, etc., will amount to $641,265, along with maintenance of plant expenses at $126,140 to help bring the M and O budget to the $3.6 million figure. Other items are community services at $32,892 and other expenditures of $7000 in outgoing transfer of funds. Built into the budget is an undistributed reserve of $32,140 to meet emergency needs as well as to act as a cushion on the increased in-creased expenses on services and goods that have created budgetary problems in recent years. Several fixed expenditures are built into the Capital Outlay budget. The retirements of bonds at the Parowan High School amounts to $207,000 with Cedar Junior High School bond retirements for the year amounting to $303,805. Interest on the South Elementary-Pool bonds will be $30,000 and contracted con-tracted expenses on the Junior High Building will be $83,000. Of the total budget $16,000 is earmarked ear-marked for collection of taxes and $33,000 will be used to purchase pur-chase a new hn Other proposed expenditures would be car leases $4000; car purchase $5,000; Vocational equipment $12,000; Musical Instruments $5000; Furniture and Equipment for the Cedar Junior High $40,000; Major Maintenance $40,000; Media Equipment $5000; Purchase of bleachers at Cedar High School $13,000; Swimming Pool and South Elementary Addition $620,000; parking lots and sidewalks at Junior High $30,000; water effluent lines for Cedar High School $10,000; purchase of property for valley site $12,000, purchase of homes by East Elementary to provide for future expansion $47,000, and $28,000 for the replacement "of the stage dimmer system at the Cedar High School Auditorium. Public is invited to attend and participate in the hearing Tuesday evening. It is anticipated an-ticipated that the budget for Fiscal 1977 will be adopted following the hearing. |