Sunday, October 7, 2012 —
The Finance Committee of the Board of Education met on Tuesday evening before the school board’s monthly meeting.
The first item discussed was the close out of the 2011-2012 school year.
As it stands, there are still issues with the approved numbers matching up with the actual numbers, preventing the close out of the fiscal year.
“It has been suggested that we consider a third party consultant for the 2011-12 year audit,” said School Superintendent Dr. Terry Griffin. “Since that time, I have been utilizing a school efficiency consultant to assist me with the close out of 2011- 12 school year.”
“I am hopeful that we will have the school year closed out by Friday, October 5. And when that is done, I should be able to reconcile our bank statements with our general ledger,” Griffin said.
“Once that is done, the auditors will be able to come in and complete our 2011-12 audit.”
The primary reason the committee met was to discuss changes in the 2012-13 coach’s supplement scale.
As it stood from the approved supplement scale that was passed in August, the total amount of coach’s supplements was to be reduced by approximately $64,000.
To meet this reduction, the August plan called for elimination of one pay-grade scale, combining it with another. This would have achieved the desired reductions, however, it also would mean that all of the coaches would not be taking an equal percentage cut.
That plan was scrapped.
“We just did not see an equitable solution,” said Dr. Griffin about the proposed reductions.
Instead, after crunching the numbers, the finance committee decided it would be better to keep the existing pay grades, but have a 20.5 percent reduction across the spectrum. Now, all of the coaches will have the same percent reduction.
“This seems to be much more equitable than some people having cuts and some not,” said Chris Whitley, chairman of the finance committee.
The new replacement scale was adopted at the board meeting later on that night.
Board member Jeff Chance said at that meeting, “Essentially what this replacement does is it takes into consideration the years of longevity of the head coaches and some of the other coaches that was not previously accounted for in the resolution that was adopted previously.”
“This will be as equitable as possible across the board while these considerations still remain in place: longevity and years of service.”
Homepage
Coaching supplements reduced 20.5 percent
- Homepage
- Local News
-
-
Stanly Early College has graduation
Thirty-four Stanly Early College students walked across the stage to receive their diplomas May 14.
- Stanly Community College conducts commencement
- Safe Kids Stanly County offers safety tips for land, water
-
- Sports
-
-
South Stanly wins Game Two over Hendersonville 12-5
The South Stanly baseball team evened the 1A Western Regional Series with a 12-5 win at home over Hendersonville.
- Stanly County Baseball / Softball Update
- Stanly County Baseball / Softball Playoff Update
-
South Stanly wins Game Two over Hendersonville 12-5
- Opinion & Letters to the Editor
-
-
We are Uniquely Made
Earlier this week the seniors at our school had one final hurdle to jump before graduation. They had to present their senior projects before panels of community members. Each room had four adults: the moderator and the three judges. You can be sure the students were quite nervous, but they usually do a great job. If they have practiced and prepared then they should experience success.
- Ronald McDonald House of benefit to us all
- Celebrating small businesses and continuing new ways of communicating
-
- Lifestyles
-
-
Baird-Poplin
Scott and Sonya Baird of Georgetown, S.C. announce the engagement of their daughter, Katherine Elaine Baird of Greensboro to Matthew Ryan Poplin of Greensboro, son of Louis and Julia Poplin of Norwood.
- Presson-Luther
- Britt-Morton
-
- Features
-
-
Try something new: Spinach and prosciutto salad
This isn't Mom's bacon-dressed spinach salad. The bacon has been replaced with a leaner, lighter and sweeter cured-pork product: prosciutto from Parma.
- In fan fiction, your favorite characters do what you want them to
- Kia Optima is a hit with the buying public
-
- Regional
-
-
The American Red Cross & Carowinds Team Up for Blood Drive Honoring the Military
This Memorial Day weekend, the American Red Cross and Carowinds invite people to give the gift of life, honor military men and women, and enjoy family time at their Military Appreciation blood drive.
- 2014 NASCAR Hall Of Fame Class Announced
- Charlotte Muscle Team event raises $300,000 in fight against muscle disease
-
The American Red Cross & Carowinds Team Up for Blood Drive Honoring the Military
- State & National News
-
James Nantz folds an American Flag recovered May 23 from tornado debris in the J.D. Estates neighborhood of Moore, Okla. Soon after the massive tornado blew through Moore on May 20, residents began displaying flags as symbols of hope and unity.
-
Flags become symbols of hope, unity in tornado-damaged Oklahoma
The first thing Kevin Gibson did after returning to his house, torn apart by a powerful tornado Monday, was pull an American flag and a temporary flagpole from the corner of his partially standing garage.
- Boy Scouts: Yes to gay youths, no to adults
- Staying safe during your Memorial Day cookout
- Twitter introduces website security tool after AP account hacked
- Mayor wants tornado shelters in new homes
-
Flags become symbols of hope, unity in tornado-damaged Oklahoma
