Posted on September 24, 2019
Author Jacque Ryan, WKVI
The North Judson Town Council received a brief presentation from Baker Tilly CPA Jeffrey Weaver when officials held a hearing over the 2020 budget last Monday.
According to the information submitted to the Indiana Gateway for Governmental Units, the town’s total budget estimate is $1,258,740, with $800,460 budgeted in the General Fund.
Weaver provided the council with a brief synopsis of some key budget items and mentioned that while there are particular amounts in certain funds, that doesn’t always mean that’s how much will be spent.
He explained, “I went back and looked at 2018. The General Fund only spent 93 percent of its budget so with that in mind already, the General will probably be looking a little bit better than this.”
Weaver added that after coordinating with Clerk-Treasurer Andrew Rowe, there was a $30,000 capital expense that was previously in the general fund that is now in the County Economic Development Income Tax (CEDIT) Fund.
No questions were provided by council members or citizens during the hearing.
The 2020 Budget will be up for adoption when the council members meet next on Monday, October 7th.
Showing posts with label Indiana Gateway for Governmental Units. Show all posts
Showing posts with label Indiana Gateway for Governmental Units. Show all posts
Tuesday, September 24, 2019
Monday, September 23, 2019
NJ-SP School Board Holds Hearing over Capital Projects and Bus Replacement Plan, Approves Resolutions
Posted on September 23, 2019
Author Jacque Ryan, WKVI
The North Judson-San Pierre School Board held a hearing over the adoption of their capital Projects and bus replacement plans when members met last week.
School Treasurer Guy Richie provided some information about the plans, noting that they’re both quite similar to what was in place for 2019.
He said the bus replacement plan calls for three buses to be replaced and the capital projects plan includes expenses related to technology, furniture, equipment, electric, gas, and insurance.
No public comments were made during the hearing so it was adjourned. Members went on to provide their approval for the adoption of both plans.
In addition to those plans, members were presented with a budget reduction resolution which would give Treasurer Richie and Superintendent Dr. Annette Zupin the authority to make adjustments to the advertised budget amount if it needs to be reduced. That resolution also received unanimous board approval.
The board was also asked to consider a resolution that would permit money to be transferred from the Education Fund into the Operation Fund.
Treasurer Richie noted that there is a new requirement related to this resolution that he wanted the members to be aware of.
He shared, “The only thing this year is they put a new rule into effect that you’re not to transfer more than 15 percent of your budget so I have it set up to where it’s $1 million that we can go up to so our plan is we are not going to go over that amount.”
That resolution was adopted without any opposition.
According to information submitted to the Indiana Gateway for Governmental Units, the School Corporation’s budget estimate totals $12,689,622.
Since the NJ-SP school board is appointed, the final say on the budget is up to county officials. It was presented to the County Council in a hearing on Monday, September 16th and will be up for adoption on Monday, September 30th.
Author Jacque Ryan, WKVI
The North Judson-San Pierre School Board held a hearing over the adoption of their capital Projects and bus replacement plans when members met last week.
School Treasurer Guy Richie provided some information about the plans, noting that they’re both quite similar to what was in place for 2019.
He said the bus replacement plan calls for three buses to be replaced and the capital projects plan includes expenses related to technology, furniture, equipment, electric, gas, and insurance.
No public comments were made during the hearing so it was adjourned. Members went on to provide their approval for the adoption of both plans.
In addition to those plans, members were presented with a budget reduction resolution which would give Treasurer Richie and Superintendent Dr. Annette Zupin the authority to make adjustments to the advertised budget amount if it needs to be reduced. That resolution also received unanimous board approval.
The board was also asked to consider a resolution that would permit money to be transferred from the Education Fund into the Operation Fund.
Treasurer Richie noted that there is a new requirement related to this resolution that he wanted the members to be aware of.
He shared, “The only thing this year is they put a new rule into effect that you’re not to transfer more than 15 percent of your budget so I have it set up to where it’s $1 million that we can go up to so our plan is we are not going to go over that amount.”
That resolution was adopted without any opposition.
According to information submitted to the Indiana Gateway for Governmental Units, the School Corporation’s budget estimate totals $12,689,622.
Since the NJ-SP school board is appointed, the final say on the budget is up to county officials. It was presented to the County Council in a hearing on Monday, September 16th and will be up for adoption on Monday, September 30th.
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