BOE: One-month operating reserve met
by James Phillips
May 23, 2013 | 907 views | 0 0 comments | 4 4 recommendations | email to a friend | print
The Walker County Board of Education will finish its fiscal year well above a one-month operating reserve required by the state.

Margaret Scurlock, the custodian of funds for county schools, said the district’s general fund balance is expected to be at least $5.9 million when the fiscal year ends in September. Scurlock said the one-month operating reserve is $5.3 million.

“We are $600,000 in excess of what is required and that is a conservative number,” she told members of the BOE Tuesday.

Scurlock said the ending balance could be as high as $6.3 million.

“We are stable and have a good financial standing,” she said. “We have met our legal requirement. It feels good to give a report like this.”

The Walker County Board of Education has seen its general fund balance rise over the last few years. In 2012, the balance was at $4.9 million on Sept. 30. In 2011, that number was only $1.5 million.

“This is something this board and our county should be proud of,” Superintendent Jason Adkins said.

In other action at the meeting, the board:

•Recognized Walker County Center of Technology programs that have received business and industry certification. Those programs were Parrish High’s agriculture department and WCCT’s drafting department.

•Recognized several outstanding student achievements.

Those included: Blake Boshell, a senior at Dora High who is a three-time state wrestling champion (2011-2013), All-American Wrestling Team member and All-State Wrestling Team member; Austin Everette, a Dora High student who placed third at the state wrestling tournament and was named to the All-State Wrestling Team; Steven Parson, a Cordova High student who recently achieved the rank of Eagle Scout; Tyler Tucker, a senior at Curry High who had perfect attendance for his entire school career (kindergarten through 12th grade), and the Parrish High softball team and Coach Chris Harris for its recent Class 1A state championship.

•Recognized the system’s College and Career Readiness Team.