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Field/Field House Donation Offer
In the Hearing of the Public on Non-Agenda Items, attorney Julian Wise made an announcement stating that his client wishes to donate $1.7 million for a new field and field house at Rye High School. The donation will be made anonymously. This covers half the total cost, estimated at $3.4 million, and the donor has asked the District to agree to raise the other $1.7 million. |
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Gifts to the District
The Board approved a $2,500 gift from the Rye High School PO for Heard in Rye. |
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Fiscal Constraints & Challenges
Kathleen Ryan, the District's Business Official, led a presentation on Fiscal Constraints & Challenges for the 2012-13 Budget. Mrs. Ryan identified budget drivers, listed below, and provided information regarding their impact to the budget.
2012-13 Budget Drivers
- Mandated Retirement System Contributions
- Continued Enrollment Growth
- Collective Bargaining Status
- Health Insurance Premiums for Active & Retired Staff
- Added Testing and Reporting Requirements
- Technology Plan Projects
- Debt Service Changes
- Utility Cost Increases
- State Aid and Other Non-Tax Revenues
- Changes in Taxable Assessment and Tax Certiorari Refunds
- NEW Tax Levy Cap Law Overview
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Internal Audit Report
Claudia Glass of Accume Partners, the District's internal auditing firm, provided a Presentation of Internal Audit on Special Education and Updated Risk Assessment. The reports covered the special education internal audit scope and objectives, definitions of internal audit ratings, internal audit findings, and a risk assessment update for the 2010-11 fiscal year. |
Board Notes