WADSWORTH: Wadsworth school board members heard a “positive” five-year financial forecast from Treasurer Douglas Beeman.
Beeman said while the assessed value of property in the district has decreased, the amount of state aid is up.
For the 2013-2014 school year the system is expected to receive an additional $918,679 in state aid and for 2014-2015, $1,639,842, Beeman noted.
Beeman acknowledged “this is the first time we have seen positive growth since 2006.”
Board member David White did note that “we want to be cautious about getting too excited about these figures” since state aid has been “up and down” over the years.
Money from the casinos is expected to bring in $241,000.
The largest expenditure outside of salaries and wages, the report notes, is the board's share of healthcare benefit premiums. That expenditure is expected to increase by 12 percent in 2014, and projected to increase by 10 percent each of the following years.
For the 2013-2014 year, three full-time teachers, four part-time teachers, and several classified positions were eliminated. A medical assisting teacher at the high school, a part-time pre-school teacher at Overlook Elementary, and a full-time gifted coordinator were added.
The professional staff for 2013-2014 includes 232 full-time teachers, 11 part-time professionals, 17 licensed professionals as tutors or small group teachers, 20 licensed administrators, and three licensed supervisors.