New Castle News

Laurel

May 15, 2014

Laurel budget proposal has no tax increase

NEW CASTLE — The Laurel School Board has introduced a $17.8 million budget that requires no tax increase.

The $17,849,586 spending plan for the 2014-15 school year is $361,496 higher than the current year’s.

Business manager Mary Kosek said the additional spending is mainly because of the district’s payment to the Public School Employees Retirement System.

The district’s payment for 2014-15 is $1,763,066, which is $386,500 higher than the current year’s amount.

Next year’s payment is based on 21.4 percent of the total salary of district employees who contribute to the pension system. This year’s cost was based on 16.93 percent. The percentage is set by the state.

Kosek said revenue totals $15,907,168. The budget will be balanced with $1,942,418 from the district’s fund balance. As of June 30, 2013, the fund balance had approximately $7.3 million, she said.

The district’s property tax will remain at 12.49 mills. Final adoption is planned for the June meeting.

The eight board members present voted in favor of the budget Tuesday. Lance Nimmo was absent, although he voted by phone in favor of the Lawrence County Career and Technical Budget. Laurel’s share of the 2014-15 budget is $310,000, the same as the current year.

At Tuesday’s meeting, the board also:

•Approved Kosek as board secretary for the next school year at a salary of $5,250, the same as for the current year.

•Approved compensation for the district’s tax collectors in Hickory, Scott and Slippery Rock townships for a four-year period through 2017. The compensation is the same as the current year. They will receive a base pay of $3,650 each plus $4.25 for each property tax account collected, 50 cents for each per capita tax account collected and 1 percent of delinquent property taxes that they file.

•Moved Ellaina Oakes from a four-hour to a five-hour breakfast/lunch position at the junior/senior high school cafeteria at the rate of $9.75 per hour.

•Agreed to contribute $200 each to the volunteer fire departments in Hickory, Scott and Slippery Rock townships.

(Email: jmanna@ncnewsonline.com)

1
Text Only | Photo Reprints
Laurel
  • Laurel vacancies filled

    Vacancies within the Laurel School District are being filled prior to the start of school next month.

    July 18, 2014

  • Laurel to have multi-class reunion

    A multi-class reunion celebrating the 25-year anniversary for Laurel’s classes of 1987 through 1991 is set for Sept. 13.

    July 14, 2014

  • Laurel board approves budget

    The Laurel School Board has adopted a $17.8 million budget for the 2014-15 school year. The $17,849,586 spending plan requires no tax increase. It represents a $361,496 increase over the current year’s budget.

    June 19, 2014 1 Story

  • Laurel names secondary principal

    The Laurel School Board hired Mark Frengel as secondary principal of student affairs. Frengel will receive a salary of $88,000 for the 2014-15 school year.

    June 19, 2014

  • Laurel class of ’74 planning reunion

    The 40-year anniversary reunion for Laurel’s Class of 1974 has been set for July 19.

    June 18, 2014

  • Laurel budget proposal has no tax increase

    The Laurel School Board has introduced a $17.8 million budget that requires no tax increase. The $17,849,586 spending plan for the 2014-15 school year is $361,496 higher than the current year’s.

    May 15, 2014

  • Laurel Class of ’74 to hold reunion

    Members of Laurel High School’s Class of 1974 will celebrate their 40th anniversary this summer.

    April 11, 2014

  • Laurel OKs positions

    The Laurel School Board approved the employment of three instructors for additional duties this week.

    April 9, 2014

  • Cooper.tiff Laurel hires Cooper as new football coach

    Laurel High has found its man. Brian Cooper replaces Pat Cuba at the helm of the Spartans football program. Cuba resigned last month after leading the Spartans to a 7-3 record and the program’s first playoff appearance since 2009.

    April 9, 2014 1 Photo

  • gavel.jpg Forbes appointed to Laurel board

    Blaine Forbes has been appointed to fill a vacancy on the Laurel School Board. Forbes, who previously served on the board, was approved Monday by a unanimous vote of the eight board members.

    March 25, 2014 1 Photo

House Ads
Poll

Have you held or will you hold a garage/yard sale this year?

I have and it was a success! It's a great way to get rid of some junk and make a little extra pocket money.
I have, but it didn't go over so well. Better luck next time?
I haven't yet, but I plan to.
I haven't and I don't plan to. It's not for me.
     View Results