PRINCETON — For the first time in several years, the state of Illinois doesn’t owe categorical payment money to the Princeton Elementary School District.
At Monday’s meeting of the PES board of education, Superintendent Tim Smith said the state is current in its categorical payments, which is something that hasn’t happened for probably four or five years. Typically, Smith hands out “overdue payment’ information at each board meeting.
If PES receives its final categorical payment for the fiscal year, due in June, the district would end its year above projected revenue income for the year, which is good news, Smith said. At 75 percent of the way through the current fiscal year, the expense side of the budget looks pretty good as well, he said.
In other financial business, Finance Committee Chairman Steve Bouslog said the committee met last week to review financial information presented at the board meeting. The committee also talked with Smith about future budgets, specifically on what revenue alternatives might be available as a way to bring more money into the district. Those alternatives will be presented in coming months to the full board. The committee feels the district has done about as much cutting of expenses as it can, he said.
In personnel matters, the board unanimously approved the motion to extend Smith’s superintendent contract through June 30, 2018.
Bouslog seconded the motion to extend Smith’s contract “with a lot of gratitude for all the work that Tim has done, the sacrifices he has made financially for our district, and the leadership he has provided for us,”
The board also accepted the retirement notices of special education teacher Rebecca Pace, effective the end of 2017-18 school year; elementary grade teacher Kevin Glover, at the end of the current school year; library clerk and media specialist Jeannie Norman, at the end of the current school year; and Title 1 reading teacher Sue Stumpf, effective the end of the 2017-18 school year.
The board also approved hiring Amy Vigars as the volleyball coach for Logan Junior High and approved a maternity leave for teacher Sara Clark, effective immediately.
In still other business, the board approved the purchase of a 19-passenger, 2012 lift bus, at a cost of $40,592, which will replace a 2004 bus. The board also approved a FY 15 technology purchase plan, which will include chromebooks for the eighth grade classrooms, Smith said.
Comment on this story at www.bcrnews.com.