Pinckneyville District 50 Posts Budget

</element><element id="paragraph-1" type="body"><![CDATA[ The District 50 Board of Education posted a deficit budget for the 2009-2010 school year. The budget projects revenues of $4,922,272 and expenditures of $5,522,554, producing a deficit of $600,282. The deficit will be covered by reserves.

Dist. 50 will begin the school year with $4,680,419. The projected balance at the end of the school year will be $4,080,137.

The budget projects losses in the education ($120,000), building ($48,000), IMRF ($45,000) and health/life/safety ($508,000) funds. The district sold $850,000 in health/life/safety bonds last year to cover the work being done this summer. The deficit stems from the timing. The funds are still available to pay for the work.

Superintendent Tim O'Leary said the work is coming along nicely. The plumbing and drywall work in the bathrooms should be completed soon and the installation of the air conditioning units is on track.

There have been a few delays in receiving the windows which should be in July 23. Difficulties installing panels in the window openings at the Junior High School necessitate continuing the work in the evenings and on weekends after school begins, O'Leary said.

In other business, the board:

-set the registration dates for the 2009-2010 school year as 8 a.m. to 3 p.m. on July 31 and 8 a.m. to 6:30 p.m. on Aug. 3 at the Junior High School. Pictures will be taken on those days and all students should register.

-set the board meeting dates for the coming school year as the third Thursday of each month at 7 p.m. at the Grade School, except for November which will be the second Thursday- Nov. 12.

-hired Aubrey Khachikian, of Marion, as a Special Education teacher.