K-W School Board unanimously approves 2019 budget
KENYON — There was little discussion needed at the Kenyon-Wanamingo School Board meeting on June 25, as the board unanimously approved its 2019 school budget.
There is no separate finance committee, according to School Board Chair Jennifer Smith, who said the board regularly discusses the budget each month, including a four-and-a-half hour work session last month.
The board projected the general fund balance at 8.78 percent or $832,579 by July 1, a mark that's less than members would like to see.
Vice Chair Rod Woock said during the meeting that he believes the budget is "honest," saying they'll work toward getting that percentage up to 10 percent.
Smith said after the meeting they decided to keep everything they wanted in the budget, even though it didn't keep them at 10 percent. Smith said the previous budget cycle ended higher than they had anticipated.
The board projects the total fund balance will be over $16.2 million by July 1, and anticipated by June 30, 2019, the budget will be over $7.3 million. The construction budget will decrease significantly from the July 2018 to June 2019, dropping from over $11.7 million to $2.9 million as the district finishes construction, affecting the general fund balance.
The district's budget expects to be at $9,314,464, a slight decrease from the past two years, but higher than the 2016 budget.
The district anticipates an enrollment of 777 students and the state aid per pupil to increase by 2 percent as well. The district received a grant from the summer state agriculture program of $6,481 as well.
The district will receive $16,000 for the Support our Students grant, as well as $89,650 for Title 1 and $18,523 for Title Two in federal funding.
Clerk Debb Paquin said during the meeting she was pleased to see the fund balance at 8.78 percent, while also commenting on the board's decision to put contract settlements for all groups in the district at a two percent increase.
Smith said the board's discussions have been long leading up to this meeting and that they were productive and positive.