Jefferson City Board of Education Approves 2011-12 Budget

5 years 8 months 4 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
Embed Code Copied

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
BOONE COUNTY — The Boone County Fire Protection District responded to 12 natural cover fires on Saturday. The Columbia... More >>
9 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 8:28:00 PM CST in News
BOONE COUNTY — Two people were taken into custody after leading police on a car chase through multiple counties Saturday... More >>
12 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 5:16:00 PM CST in News
KANSAS CITY (AP) — An online tool has disappeared for people to find out whether they are buying puppies from... More >>
13 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 4:46:00 PM CST in News
KANSAS CITY (AP) — A government report shows the number of farms in Missouri fell last year while the remaining... More >>
13 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 4:41:00 PM CST in News
COLUMBIA — The Acting Company based out of New York has crossed the country and is now in Columbia to... More >>
14 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 3:03:00 PM CST in News
JEFFERSON CITY — The Special Olympics Missouri Regional Basketball Tournament returned to Jefferson City for the third year Saturday. ... More >>
15 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 2:48:00 PM CST in News
JOPLIN (AP) — Supporters of Route 66 are pushing to have the roadway added to a national list of historic... More >>
16 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 1:14:00 PM CST in News
CAMDEN COUNTY — A male suspect attempted to gain entrance to a residence on Hackberry Trace in Montreal Saturday, the... More >>
16 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 1:05:00 PM CST in News
PINEVILLE (AP) — The Harry S. Truman Coordinating Council and the Northwest Arkansas Regional Planning Commission will be meeting to... More >>
17 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 12:38:29 PM CST in News
COLUMBIA — The Homes for Computers Program distributed 40 computers to eligible low-income Columbia families on Saturday. One mother... More >>
17 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 12:33:00 PM CST in News
JEFFERSON CITY (AP) — Applications for concealed carry permits in Missouri have been dropping after passage last year of a... More >>
18 hours ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 11:21:00 AM CST in News
MOBERLY — Three law enforcement agencies partnered to serve a narcotics search warrant on Friday, resulting in the arrest of... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 10:32:00 PM CST in News
COLUMBIA — In the 2017 State of Entrepreneurship Address , the Kauffman Foundation announced a national increase in minority small... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 7:12:00 PM CST in News
CLAYTON (AP) — A St. Louis-area man was sentenced to eight years in prison in a wrong-way crash that killed... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 5:28:38 PM CST in News
ST. LOUIS (AP) — Two of eight Chicago residents have pleaded guilty for their roles in a smash-and-grab theft of... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 4:44:41 PM CST in News
COLUMBIA — A professor at Stephens College and the Tri Beta Biological Honors Society are hosting a series of events... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 4:41:00 PM CST in News
MOBERLY — A Moberly man is charged with child molestation and statutory sodomy. Moberly police arrested Joseph Fowler on... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 4:08:00 PM CST in News
COLUMBIA — A group called “The Collective Uncomfortable” hosted a flash dance party parade in accordance with the National General... More >>
1 day ago February 17, 2017 Feb 17, 2017 Friday, February 17 2017 Friday, February 17, 2017 4:00:00 PM CST in News
Columbia, MO
Broken Clouds 45°
6am 43°
7am 43°
8am 47°
9am 53°

Select a station to view its upcoming schedule:

Coming Up Next

5:30a
Open House
6:00a
Hometime
6:30a
Today's Homeowner with Danny Lipford
5:30a
Paid Program
6:00a
Paid Program
6:30a
Paid Program

Tonight's Schedule

7:00p
The Paley Center Salutes NBC's 90th Anniversary
6:00p
Killing Emmett Young
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld