Thursday, May 16, 2013
The school district's CFO said it will exhaust its current bond funding this summer and will not have any funds available for additional capital projects.
With the last bit of funds from a 2008 bond issue scheduled to be spent this summer, the Parkway School District's chief financial officer is recommending the school board began talking about placing a new bond on the ballot next fall. CFO Mark Stockwell made the remarks during a presentation to the board at their May 8 meeting. The bond serves as a source of funding for capital expenses, such as maintenance for the district’s facilities. Parkway has about $5.4 million in various projects set for this summer. After that, the bond funds will be gone. Stockwell said this means the district will no longer have money available for additional capital expense or improvements outside of emergency repairs. His preliminary 2013-14 budget sets aside…
Friday, December 7, 2012
The budget maintains current service levels and includes a 3 percent across-the-board salary increase for city employees.
The Maryland Heights City Council approved the city’s 2013 budget at its regular meeting on Thursday. Total revenues are projected to be $38.3 million, an increase of 4.5 percent from 2012, primarily due to grants for specific infrastructure projects. Otherwise, revenues are projected to be stable, up about 1 percent overall. Increases in building permit fees, sales taxes and gross receipt taxes on utilities will be offset by expected declines in gaming taxes and investment income. Expenditures for all funds are projected to be $41.8 million in 2013, an increase of 13.1 percent over the current year. The increase is primarily due to higher capital improvement expenditures, including $4.9 million in projects that were originally planned for…
Tuesday, September 18, 2012
Pattonville School District officials don't have immediate plans on closing any other schools other than Briar Crest Elementary after this school year.
Closing Briar Crest Elementary would save the Pattonville School District $700,000 per year, the St. Louis Post-Dispatch reports. That was one of the main takeaways from a parents meeting at the school on Monday. Pattonville officials announced they would try and close Briar Crest on Friday. Now, it's up to school board members to determine if that's the best course of action. The proposal is being made due to prolonged economic challenges facing the Pattonville School District and extra capacity available in the district's other elementary schools. The district's budget situation isn't terrible. But it's not ideal, either. According to district documents, the economic downturn has lasted much longer than Pattonville officials …
Tuesday, August 21, 2012
Pattonville School District officials expect to run out of cash in five years if the school board doesn't act on balancing the district's budget. The board will meet tonight for a special work session.
The Pattonville School District will run out of cash in five years if school officials don't act on an increasingly grim budget scenario. According to district documents, the economic downturn has lasted much longer than Pattonville officials anticipated. For that reason, school board members are expected to meet Tuesday for a special work session focused on balancing the district's budget. "Expense reductions alone will not be able to address the shortfall without a significant impact on how we educate students, and the quality of their education," a presentation made to the board earlier this month states. Without change in budget structure, the district would be $5 million in debt in just three to four years. Now, salaries make up more…
Monday, August 20, 2012
A spokesperson for St. Louis County Executive Charlie Dooley said a projected shortfall in the parks department may not be a reality.
Calls for a tax increase to pay for St. Louis County parks because of a funding shortfall could be sounding the alarm too early. That’s according to one official in County Executive Charlie Dooley’s office who asserts that a $500,000 budget shortfall might not actually exist. “That’s a nice number, I don’t know if it’s based on any kind of reality,” spokesperson Mac Scott said. “We’re unaware of that kind of a problem as this point.” The parks department created a business plan based on 2013 budget projections from the county executive’s office. Those projections included zero funding from the county’s general fund and a $7.4 million decrease in the budget over two years. The business plan looked at alternate revenue sources and cost-…
Thursday, February 9, 2012
Administrators did make changes to allow for concerns voiced recently about the loss of some math and reading specialists.
The Parkway School District, moved Wednesday to cut up to $9.63 million over the next two years in spending, with officials blaming the depressed economy for lower revenue. "Districts in other areas were doing this three and four years ago," Mark Stockwell, chief financial officer for Parkway, said. The total annual budget is about $221 million. After parents questioned the proposed cuts in reading and math specialists, and staff questioned cuts in elementary school office staff, the board agreed to two changes before moving ahead with a 6-0 vote in favor of cuts. The typically light crowd at regular school board meetings in Parkway Central Middle School, was augmented Wednesday night by scores of school principals, parents and students—…
38.66681
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Parkway School District Administrative Center
455 N Woods Mill Rd, Chesterfield, MO
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Wednesday, January 11, 2012
The Parkway School Board is set to discuss budget cuts Monday that the superintendent says could save the district more than $9.5 million over two years.
The Parkway School Board is set to discuss budget cuts Monday that the superintendent says could save the district more than $9.5 million over two years. The plan is outlined on the Parkway School District's website. It is also posted below from the district's website. According to the site, the district must reduce expenditures by 3 to 5 percent over the next two years due to declining revenues and a projection of minimal growth for the district. According to the website, Superintendent Keith Marty said the cuts could save the district between $7.45 and $9.63 million over the next two years. Wednesday night, the below recommendations are set to be presented to the school board. The cuts include both admininstrative and teaching support …
38.66681
-90.501371
Parkway School District Administrative Center
455 N Woods Mill Rd, Chesterfield, MO
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844215
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Wednesday, August 10, 2011
The board of education discusses limiting summer school programs. More bids were approved for construction of the high school stadium and pool.
At Tuesday night’s Pattonville Board of Education meeting, the board heard a presentation detailing suggestions for how the school district might cut $3 million from the budget. The district’s goal is to trim $3 million from the budget by the 2013-14 school year. While district officials said most of those cuts are expected to come from consolidating staff positions, the board may also trim summer school programs back by $300,000. The proposed summer school changes would charge parents a $75 to $100 fee to enroll their children in enrichment programs. Parents would be able to choose whether to send their kids to a full day or half day of summer school, each with different fees. Patttonville Superintendent Dr. Mike Fulton said there is no …
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Pattonville High School
2497 Creve Coeur Mill Rd, Maryland Heights, MO
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Wednesday, June 29, 2011
The Pattonville School Board approved the 2011-12 school year budget Tuesday night.
The new budget includes almost $630,000 in budget cuts. Pattonville Superintendent Dr. Mike Fulton said a large portion of those cuts came from reducing and reorganizing staff members at the Pattonville School District Learning Center. Fulton said the school district is working hard to make cuts while still meeting students’ needs, but it will not be easy. The school board’s goal is to trim the budget by $3 million by the 2013-14 school year. Due to statewide budget cuts, Pattonville and other state school districts will have to make due with 8 percent less state funding than the previous year. The school is also losing revenue because of decreasing property values, which make up most of the district’s local funding. Pattonville Chief …
Wednesday, June 15, 2011
The Pattonville School Board reviewed the proposed 2011-2012 budget Tuesday.
The Pattonville School Board held a work session Wednesday to review a proposed 2011-2012 school year budget. The budget includes $76.1 million in revenues and $78.9 million in expenses, a press release states. Ron Orr, Pattonville’s Chief Financial Officer, presented the budget to the school board. He said the district would be operating at a $2.8 million deficit for the next school year. The revenue coming into Pattonville next year will come from four places, Orr said. Orr gave school board members a rundown of numbers during his presentation. He said textbook adoptions for the school year are expected to cost $861,494. The largest textbook adoption will be K-5 reading books, estimated to cost $485,052. Pattonville hopes to reduce its …
Don
3:14 pm on Friday, December 7, 2012
I have not recieved a raise in four years and your using my tax money to give out raises,leaves a bad taste in my mouth. more ›