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WIC Schools’ finances continue to remain solid PDF Print E-mail
Written by Staff Reports   
Tuesday, June 05, 2012 1:52 PM

IRON RIVER—West Iron County Schools is closing out its fiscal year with solid finances, said Board of Education Finance Committee Chairman Rob Possanza at the May 21 meeting.
 “There are no issues in the general fund,” he reported. The district is also earning .86 percent on its balances.


 Expenditures were down, because purchasing lightens up at the end of the school year, he explained.
 In specific areas, Possanza said the athletic fund was short on fundraising, but otherwise “in good shape.”
 Food service continues to run in the black, for the third year.
 Hot lunch prices, however, fall far below federal guidelines, and the district will need to look at raising them in the fall.
 Expense control has been a large factor for the good financial report.
 The district holds $141,799 in its sinking fund. These funds have been used to fix a boiler and upgrade radios in the buses.
 An old bus was sold for $1,555.50; and the district received $19,028 from a timber sale.
 Possanza also reported $1.8 million in fund equity for the district.
 in other business:
 --Four students placed highly in a recent biathlon, held at Michigan Technological University. Aren Newby, Megan Eagloski, Sydney Wodjula and Madeline Waara took high scores in all fields, including dissecting, bloodwork, field identification and microbiology.
 --Peg James, Northstar Health System Foundation director, explained to the board about several recent partnerships between the hospital and the schools.
 The hospital recently completed impact concussion testing for grades eight through 11, at both West Iron and Forest Park school.
 The tests will provide baseline information that can be used to diagnose and treat head injuries. The test was free to athletes.
 The hospital has been involved with wellness programs in the school, including the Fuel Up to Play 60 initiative, a recent 5K walk completed by elementary school students and a school garden.
 She said there has been interest in providing a presentation on Attention Deficit Hyperactivity Disorder information and conduct in-service presentations in the fall.
 The hospital also conducted a “Teddy bear” clinic and told the board elementary school students raised $1,600 for heart calcium screening certificates to be used in the community.
 --Technology consultant Brian Rippey reported the district received $900 from its old phones.
 The server room has been cleaned up, he said, and work yet to do included cleaning up wiring and replacing the computer lab at Stambaugh Elementary. He said the Merit fiber optic project is on schedule for July 1.
 --The board approved the budget for the Dickinson-Iron Intermediate School District budget.

 

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