Hopkins County School Board Meeting Notes from Monday



     THE HOPKINS COUNTY BOARD OF EDUCATION HEARD THEIR AUDIT REPORT LAST NIGHT FROM LORI OAKLEY OF ALFORD, NANCE, AND JONES.  OAKLEY SAID THE SCHOOL SYSTEM IS IN GOOD FINANCIAL CONDITION WITH A 6.6 MILLION DOLLAR GENERAL FUND BALANCE.  HOWEVER, THE LAST FISCAL YEAR SAW A 2.3 MILLION DOLLAR LOSS DUE TO A LARGE REDUCTION IN FEDERAL FUNDING AND EXPENSES RELATED TO THE VOCATIONAL SCHOOL.
      AS FAR AS WATCHING DAY TO DAY EXPENSES, OAKLEY COMMENDED THE SCHOOL SYSTEM, BUT SAID ADDITIONAL REVENUE WOULD BE NEEDED IN THE NEAR FUTURE.  THAT COULD MEAN RAISING TAX RATES.
SUPERINTENDANT LINDA ZELLICH PRAISED THE PEOPLE OF HOPKINS COUNTY FOR THEIR SUPPORT OF THE SCHOOLS.
     IN ANOTHER REPORT, ASSISTANT SUPERINTENDANT SHERRI WINSTEAD SPOKE OF THE NEW REPORTING REQUIREMENTS OF THE AFFORDABLE CARE ACT, SAYING THAT IF PART-TIME SCHOOL WORKERS WERE NOT REPORTED CORRECTLY, THE SCHOOL SYSTEM FACED AN I.R.S. FINE OF $167-THOUSAND DOLLARS. 

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Topics : Business_FinanceEducation
Social :
Locations : Hopkins County
People : LINDA ZELLICHLORI OAKLEY
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