Cambridge school district projects surplus

Posted Online: July 22, 2014, 12:01 am
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By Lisa Hammer,
CAMBRIDGE -- The Cambridge school district is projecting a $146,432 surplus for the 2014-15 fiscal year.

Total revenue is projected at $5,144,259, with total spending at $4,997,827. The budget was calculated based on the assumption the state will prorate general state aid at 88 percent.

A $76,443 surplus is projected in the education fund which covers teachers' salaries. Projected education fund revenue is $3,775,141 and spending is $3,698,698.

The budget projects zero spending of funds flowing in from the special sales tax to finance school building porjects. Superintendent Tom Akers said Monday the district is waiting to see what the revenue will be since it came in slower than anticipated to begin with.

One of the building projects under consideration to be paid for with the sales tax was the resurfacing of the high school parking lot, which was done this summer without sales tax proceeds. Originally estimated to cost $200,000, the county highway department did the work for a total cost of $28,000, according to Mr. Akers. The school district received a $50,000 maintenance grant for the work.

Last year, the district projected a $37,093 surplus on total revenue of $5,086,628. The final surplus was $266,097 on total revenue of $5,148,569 which included a $90,000 in maintenance grants. Spending was four percent under the budgeted amounts.

A public hearing on the budget will be held at 7 p.m. Aug. 21.

The board also:

-- Certified Rt. 81 represents a safety hazard, enabling the district to receive transportation aid for busing students north of the highway.

-- Set a special 7 p.m. July 31 meeting to hire a high school English teacher to replace Joe DeGeorge, who recently resigned.

--Finalized policy allowing children who are five years old on or before Sept. 1 to enter kindergarten without administrative review of their readiness.


Local events heading

  Today is Monday, Sept. 22, the 265th day of 2014. There are 100 days left in the year.

1864 -- 150 years ago: The board of education has granted Thursday as a holiday for the children, with the expectation that parents who desire to have their children attend the Scott County Fair will do so on that day and save irregularity the rest of the week.
1889 -- 125 years ago: The guard fence around the new cement walk at the Harper House has been removed. The blocks are diamond shape, alternating in black and white.
1914 -- 100 years ago: The Rev. R.B. Williams, former pastor of the First Methodist Church, Rock Island, was named superintendent of the Rock Island District.
1939 -- 75 years ago: Abnormally high temperatures and lack of rainfall in Illinois during the past week have speeded maturing of corn and soybean crops.
1964 -- 50 years ago: Installation of a new television system in St. Anthony's Hospital, which includes a closed circuit channel as well as the three regular Quad-Cities channels, has been completed and now is in operation.
1989 -- 25 years ago: When the new Moline High School was built in 1958, along with it were plans to construct a football field in the bowl near 34th Street on the campus. Wednesday afternoon, more than 30 years later, the Moline Board of Education Athletic Board sent the ball rolling toward the possible construction of that field by asking superintendent Richard Hennigan to take to the board of education a proposal to hire a consultant.

(More History)