The Sequim School District board of directors accomplished a large goal at its regular meeting Monday, Aug. 19, when they approved the 2013-2014 budget.
Revenues are projected at $27.1 million while expenditures are anticipated to be $26.7 million, leaving a carry-over balance for the period of about $180,000. The budget is up about $2 million from last year, with $400,000 of that derived from increased local tax revenues.
Between this budget and last year’s, funding for “teaching activities” is down slightly while the category of “teaching support” is up slightly. About one-half of the entire budget is classified as “teaching activities.”
Included in the revenues are $1.06 million for the voter-approved Transportation Vehicle Fund, which can begin to be collected in 2014, said Brian Lewis, director of business services, who made a detailed presentation on the budget to the board.
About $1.2 million is for 10-12 new buses. The difference between the revenue and expenditure will be made up from the beginning fund balance. Also good news in 2014, the district will retire its debt bonds. Within the budget are plans to install an elevator in the District Office building.
The total tax rate estimate per $1,000 valuation for this year and the next two is $2.30, $2.11 and $2.02, respectively.
In other business, the board accepted the resignation of David Ketter, high school biology teacher, and Chelsea Hasenpflug, elementary teacher; and approved hiring Emily Breithaupt, high school agriculture science teacher; Kathy Troglia, high school algebra and special education; and Nikki Sturm, secretary.