MINSTER — The Minster Schools Board of Education heard about the five-year financial forecast approved annual salaries for administrators at their Monday night meeting.
Treasurer Laura Klosterman shared with the Board the district’s five-year financial forecast. Total projected revenues for fiscal year 2019 was forecast to total $10,116,333 while expenditures would be $9,561,461. By fiscal year 2023, income is projected to be $10,089,973 and total expenditures $10,215,010. She said the district is expected to carry a cash balance of $6,737,546 in fiscal 2019. By 2025, the cash balance is expected to be $7,637,437.
In other financial news, the Board approved the 2018-19 annual salaries by top district administrators. District Superintendent Brenda Boecke receives $106,000, Treasurer Laura Klosterman receives $70,800,junior/senior high Principal Dr. Jason Spencer receives $92,700, Elementary Principal Leanne Keller receives $84,060, Student Services Director Josh Clune receives $80,230, and Psychologist Alicia Everman (who the district shares with New Knoxville school district) receives $72,100.
Klosterman handed out brochures about the 5-year Recreation Replacement Levy which appears on the Nov. 6 ballot. The replacement levy, according to the handout, will set the millage rate of a property back to the original voting rate. It said the current original voted rate was 0.2 mills. Fluctuations in market value having reduced the rate to .07 mills. This replacement levy would return the rate to the original .2 mills. Annually, the levy is expected to bring in $30,695. The money is used to operate and maintain park and play areas of Minster Local Schools.
Boecke reported that the school would receive a $4757. 30 grant earmarked for school safety and security. The money is expected to be used to investigate diversity training programs and implement a bullying awareness program.
Also, Boecke said that the high school renovation project is close to completing Phase One, with she and the contractor meeting soon to go through a check list of details to be completed. “It may even allow us two more classrooms,” she said, “and allow us to move on to Phase Two.”
The Board also approved Boecke’s recommendation to hire supplemental employees Craig Muhlenkamp and Angela Baker as YLA advisers. Seth Harmeyer was approved as a volunteer with junior high football. Also, approved was the extended leave of Pam Schulte from Jan. 11, 2019, to April 8, 2019.
A report from Spencer reported academic achievement showed “big improvements based on our most recent value-added report.” For example, his report said 98 percent of students graduated in four years, earning the district an A in graduation rates. The report also state 87 percent of students participated in ACT testing, 49 percent participated in Advanced Placement, and 31 percent earned an Honors Diploma.
Keller reported 2018 student achievement indicated composite and overall scores in Math, English Language Arts, and Science above expected growth. Except for lower -than-average kindergarten and second-grade scores in Reading, she said the students were largely performing at or above grade level in reading and math.
The board also authorized the purchase of competitive retail gas service and approved the changes in school’s bylaws and policies as recommended by the educational consulting service NEOLA.