School board begins 2009-2010 budget discussions

Feb. 3, 2009

Springfield school board members last night agreed to two initial budget assumptions which will guide staff in developing the district’s 2009-2010 budget.

During its strategic discussion at the Feb. 3 study session, the board agreed to maintain a fund balance of at least 10 percent of operating expenditures and to consider implementing the Tier 1 stipend recommendations presented to the board in January.

While budget discussions will continue in the next few months, these two factors will enable staff to begin drafting a proposed budget. The school board must approve a budget by June 30, 2009.

In other business, the board considered:

The board will act on these items at the Feb. 17 regular school board meeting.

Superintendent Norm Ridder and school board members also recognized several staff members for recent accomplishments:

Presentations were also made to the district’s Finance Department for winning the Association of School Business Officials Meritorious Budget Award and to the school board for its energy-saving efforts which reduced the district’s electric consumption, saving more than $300,000.