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District in good fiscal shape

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By Sandie Banks

By SANDIE BANKS

N-D Correspondent

The Carroll County Board of Education got a boost for its plans to add needed space to overflowing schools.

Joe Nance, a fiscal consultant said he believed the board would be able to proceed with a $10 million project, and likely could get additional funding.

He said the board’s bonding (or borrowing) potential is $5.8 million. Added to the $4 million set aside for building projects, the district is in a good position to proceed on a project.

Nance adviced the board to make sure any building projects were considered top priorities on its facilities plan. He said this will require the board to modify its current plan and get approval from the state education cabinet.

“From what we had eight years ago [budgetwise] to what we have now, you’ve come a long way,” Nance said, congratulating the board. “You are in great shape to be able to do this.”

In other business, Larry Curell, district chief operations officer and director of pupil personnel, said student enrollment has shown steady growth from 2003 to the current school year.

Assistant Superintendent Bill Hogan then presented several “Champion of Kids” awards. Recipients were students Devon Hill, Tristan Root and Angela Woods.

Hogan said the award is intended to “recognize students for academic excellence.”

Tax news

Real property tax owners will be paying 50 cents per $100 dollars of property this tax year. There was no change in  motor vehicle and watercraft taxes. Those rates, at 55.7 cents per $100, have remained unchanged since 1983, said Chief Financial Office Jon Conrad.

This represents a 4 percent increase from last year’s rate, Conrad said, adding that  a person who owns a house valued at $100,000 would pay an additional $16 in taxes over last year.

The 4 percent raise was one of the tax options recommended by the Kentucky Department of Education.

Sandie Banks is a free-lance correspondent covering the Carroll County Board of Education for The News-Democrat.