Mt. Vernon Register-News

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October 18, 2013

MVTHS gets clean audit report

(Continued)

The other problem had to do with errors on some expenditure reports because estimates were used instead of actual numbers.

Both of these issues, however, have been addressed, Leuty said.

In addition, Leuty recommended the district consider hiring an assistant for Brentlinger at least on a temporary basis to avoid an “employee burnout.” Preparations for the new school project have added to Brentlinger’s duties, Leuty said.

“There’s so much on her plate,” Leuty said.

As part of his report, Leuty also discussed budget figures related to MVTHS.

The district had overall revenues of roughly $11.1 million in fiscal year 2013, an increase of $63,801 over the previous year, Leuty said.

The overall expenditures for 2013 totaled about $20.2 million, compared to $13.9 million the prior year. Much of this increase is attributable to debt retirement, as well as land costs for the new school project, Leuty said.

Also in 2013, the district had an estimated operating expense per student per capita of $10,427. This is an increase over the prior year’s total of $10,145.

Furthermore, MVTHS had an average daily attendance in fiscal year 2013 of 1,015, up from the previous year’s average of 1,007.

The district does have a challenging budget year ahead. In September, the MVTHS Board adopted a fiscal year 2014 budget with a projected deficit of $270,309.

Still, Smith said he’s pleased with the district’s current financial standing and how MVTHS has been able to upgrade programs and technology during “tough economic times.”

“We’re trending up,” Smith said. “Our fund balances are maintaining.”

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