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Greenville Central board hears budget changes and plans on 1.83% tax‑levy assumption
Summary
At its March 10 meeting the Greenville Central School District board reviewed week‑to‑week budget changes, including a proposed one‑time $58,000 transfer from fund balance for a bus‑lift, approximately $60,000 in fuel‑bid savings, and a remaining $51,014 gap while planning on a 1.83% tax‑levy assumption ahead of the April 7 adoption.
Greenville Central School District board members reviewed a series of budget updates on March 10 as officials worked to close a roughly $51,014 gap ahead of the April 7 budget adoption.
Mike Bennett, presenting the rollover and updated projections, recommended pulling an additional $58,000 from current fund balance as a one‑time source to pay for a new bus lift, saying the expense is a “one‑time thing” tied to transportation equipment needs. He also reported roughly $60,000 in savings after DCMO BOCES fuel bids came in lower than projected and a $50,003.48 downward adjustment to Medicare and Social Security projections.
Those changes leave preliminary revenue at $37,572,427 and appropriations at $37,623,441, a difference Bennett described as approximately $51,014. Board members discussed the district’s use of building aid to offset debt service over multiple years and noted the capital project debt is on a 15‑year payment schedule through 2040.
Bennett said health‑insurance final rates were still pending and that the district had been projecting a 17% increase while a preliminary RCG Trust rate came in at 16%; final figures were expected later in March. Using a 1.83% tax‑levy planning assumption remains the working baseline for completing materials for the April 7 adoption.
Trustees asked about smaller club requests and funding pathways; presenters said club funding is handled by building principals and that no formal request for the named club had been submitted to date.
Next steps: board materials and the formal budget will be prepared for the scheduled April 7 adoption vote, and final health‑insurance rates are expected to arrive in mid‑March.
