Jefferson City Board of Education Approves 2011-12 Budget

6 years 1 week 3 days ago June 16, 2011 Jun 16, 2011 Thursday, June 16 2011 Thursday, June 16, 2011 10:37:00 PM CDT in News
By: Danny Spewak
loading

JEFFERSON CITY - The Board of Education for Jefferson City Public Schools approved the 2011-12 budget Thursday in a unanimous vote, finalizing a plan to increase salaries and benefits for faculty members. 

The board voted in April to raise salaries by an average of 2.8 percent. The budget also includes an additional $300,000 for health insurance and an increase of more than $500,000 for other benefits.  

The school district will earn about $79 million in revenue next year, roughly a 1 percent reduction from 2010-11. For the past two years, the federal government had awarded more than a million dollars annually to the district for special education funding. It will not receive that money this year, but chief financial officer Jason Hoffman said the district planned for this loss in revenue.

"We were very careful that we used money on one-time expenses, so that when that revenue went away there weren't expenses out there that we couldn't cover," Hoffman said.

Expenditures will outweigh revenue by about $700,000 next year, which Hoffman said is part of the district's effort to reduce its reserve fund. According to the budget passed Thursday, reserve funds would make up about 27.5 percent of total expenditures. Hoffman said he would like the district to deficit spend until that number reaches 20 percent.

"We feel that we actually have more money in the bank than we need to have to operate our schools. And that's a good thing in these tight economic times," Hoffman said.

In light of funding problems at other school districts in Missouri, Hoffman said Jefferson City Public Schools are in a "nice position." In Columbia, for example, the public school board proposed to cut 17 positions at a board meeting Monday. 

"We feel very fortunate here in Jefferson City that we are in good financial shape," Hoffman said. "As far as cutting, we're really not doing anything  but addressing things on an issue-by-issue basis."

More News

Grid
List
ST. LOUIS (AP) — A judge is upholding a policy barring St. Louis Zoo visitors from entering the site with... More >>
56 minutes ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 8:10:00 AM CDT in News
COLUMBIA - The Boone County Department of Public Health and Human Services will offer free HIV testing during normal business... More >>
8 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 1:00:00 AM CDT in News
COLUMBIA - Representatives Kip Kendrick, D-Columbia, and Martha Stevens, D-Columbia, addressed a forum of about 70 people Monday night, speaking... More >>
10 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 10:28:00 PM CDT in News
COLUMBIA - A judge sentenced a Columbia woman found guilty of second-degree murder to 20 years in state prison today.... More >>
12 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 8:07:00 PM CDT in News
COLUMBIA - The Columbia Conventions and Visitors Advisory Board (CVB) gave an informational update regarding MU's plan to rent out... More >>
13 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 7:37:00 PM CDT in News
MONITEAU COUNTY - Two families have stepped forward in agreement with allegations made about inmate mistreatment at the Moniteau County... More >>
13 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 7:25:00 PM CDT in News
COLORADO SPRINGS, Colo. (AP) — Missouri Republican Gov. Eric Greitens is meeting with donors aligned with the Koch brothers. ... More >>
14 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 7:01:00 PM CDT in News
COLUMBIA - The people involved in a double shooting in Columbia Monday apparently knew each other, according to the Columbia... More >>
14 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 6:19:00 PM CDT in News
JENNINGS, Mo. (AP) — A suburban St. Louis narcotics suspect who collapsed during police questioning has died and a police... More >>
14 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 6:14:00 PM CDT in News
COLUMBIA - A man drove into Mizzou Arena through a closed gate on the south side early Sunday morning and... More >>
15 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 5:33:00 PM CDT in News
KANSAS CITY - A Kansas City area teenager told police he was high on mushrooms when he crashed his car... More >>
16 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 4:26:00 PM CDT in News
COLUMBIA – Columbia College will ban tobacco use on its campus starting in August. This includes traditional products like... More >>
17 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 3:21:00 PM CDT in News
ST. LOUIS (AP) — Police are looking for a 15-year-old boy who is suspected of fatally shooting one man and... More >>
18 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 3:03:18 PM CDT in News
COLUMBIA - The Missouri Foundation for Health has awarded $700,000 to support the construction, planning and programming of an agriculture... More >>
18 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 2:56:00 PM CDT in News
COLUMBIA – The Food Bank of Central and Northeast Missouri serves 32 counties per year, but seasonal challenges may make... More >>
19 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 1:49:00 PM CDT in News
JEFFERSON CITY (AP) — The Missouri NAACP is issuing an advisory telling travelers to be careful while in the state... More >>
19 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 1:36:00 PM CDT in News
COLUMBIA - Sometimes we feel like we just need some assistance to gain our competitive edge, right? We are training... More >>
20 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 12:55:00 PM CDT in News
WASHINGTON (AP) — The Supreme Court has ruled that churches have the same right as other charitable groups to seek... More >>
23 hours ago June 26, 2017 Jun 26, 2017 Monday, June 26 2017 Monday, June 26, 2017 9:26:00 AM CDT in News
Columbia, MO
Broken Clouds 66°
10am 69°
11am 72°
12pm 74°
1pm 76°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
Today
11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
8:00a
The Steve Wilkos Show
9:00a
The Steve Wilkos Show
10:00a
Jerry Springer

Tonight's Schedule

7:00p
America's Got Talent
9:00p
World of Dance
7:00p
The Flash
8:00p
iZombie
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld