Subscribe | Advertise
Contact Us | About Us
Submit News

Home · News · Videos · Photos · Community · Sports · School · Church · Obituaries · Classifieds · Supplements · Webcam · Search

School News



Text sizer: Large | Small   

School budget proposed

by Larry S. Chowning

Middlesex County School Superintendent Dr. Thomas W. Taylor recently presented a proposed 2013-14 (FY14) school budget that reflects an overall increase of $53,808, and an increase of $153,370 in county funds for education.

The local increase would equate to less than a penny on the county’s real estate tax rate. Each penny on the tax rate generates $212,000.

Dr. Taylor presented the budget to the Middlesex County Board of Supervisors and school board on Tuesday, February 12, during a joint work session of the boards.

The FY14 school budget calls for an overall 0.4% increase over the current year’s (FY13) budget. The total budget is $13,595,272.

The proposed $153,370 increase in local funds represents a 1.88% hike over FY13.

The FY13 budget was funded with $8,433,925 in local funds. If approved, the FY14 budget will need $8,587,295 in local funds.

Dr. Taylor reported FY14 budget revenues reflect a 17.6% decrease in federal funds, which will equate to $141,409 in less federal aid to the schools. The federal government funded $802,101 in FY13, and is expected to fund only $660,692 in FY14.

There is an expected increase in state funding of $47,870 (1.39%). In FY13 the state provided $3,474,265, while $3,522,135 is expected to be provided in FY14.

The proposed budget calls for a 2% salary increase for all Standard of Quality instructional positions, which include teachers, principals, assistant principals, guidance counselors, librarians and instructional aides, said Dr. Taylor.

He noted that if the state funds the 2% salary increase, it will probably be gauged to the county’s composite index, the method used by the state to determine a county’s ability to pay for its school system and some other local government services.

Read the rest of this story in this week’s Southside Sentinel at newstands throughout the county, or sign up here to receive a print and/or electronic pdf subscription.

posted 02.20.2013

By commenting, you agree to our policy on comments.