The Board of Education approved Monday a March financial report that projects the school district will be $76,169 under budget at year end.
Paul Hendrickson, the district’s business manager, noted his projection includes the unanticipating $215,192 spent on additional school security.
In March, the district paid $16,636 for enhanced security.
Some of the items that have helped balance out the additional security expense have been Curriculum and Instructional Improvement and Pupil Personnel Service, which were under budget $25,857 and $99,772, respectively,
Health insurance benefits, reflecting the CIGNA Medical Loss Ratio, are projected to be $122,003, or 0.84%, under budget at year’s end June 30.
Teachers’ salaries are project to be $105,923 (.42%) over budget, the report says..
Fuel oil is projected to be $106,607 over budget as a result of “colder than normal March weather and the delay in the natural gas installation at East Ridge Middle School and Veterans Park Elementary School.”
He added that the total energy budget is projected to be $68,745, or 3.40%, over budget at year’s end.
As for the technology department, which had presented its annual report earlier in the meeting, Mr. Hendrickson’s report noted that it was on budget both year-to-date and through yearned period.