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Millwood reports $5,273 January income drop; staff outline stopgap using Remington/Bradenton Park funds
Summary
Finance staff told the board January income decreased by $5,273 after seven closure days; staff discussed using a portion of recurring Bradenton Park funds and a pending Remington Park deposit as stopgap funding to cover a roughly $56,000 childcare shortfall pending another installment in June.
District finance and administrative staff told the board that January revenue fell by $5,273 after the district closed for seven days (including two holidays and snow days), though enrollment remained intact.
Staff outlined a stopgap proposal for the childcare program shortfall: they referenced a recurring $125,000 contribution from Bradenton Park and described historical allocations (50,000 to NDF, 50,000 to the school district, and 12,000 for superintendent-related items). Staff said reallocating part of those funds, along with an expected Remington Park deposit (requested on Jan. 11), would bring the childcare program close to breakeven; they estimated the childcare gap at about $56,000.
The transcript records discussion of grant-seeking as a longer-term strategy but notes the district has limited physical space to expand childcare even if additional grant funds become available. Staff cautioned that another major closure could force consideration of pay adjustments because teachers are paid on an average and lost attendance affects revenue.
What the record shows: The transcript quotes a finance speaker saying, “Our income decreased by $5,273, but we still have all of our enrollment,” and staff indicating plans to use park-related fund installments as a temporary measure while awaiting additional scheduled receipts in June.
What is not shown: The transcript does not record a formal board vote approving the reallocation of specific fund dollars; staff described the plan as an operational stopgap and projected receipts rather than a completed transfer in the provided segments.
