001Y'all ready? >> Yes. Y >> um call me toward 5 o' you open us in prayer. Lord, we're so thankful for the opportunity once again gather around this table and discuss the business of the school tonight as we discuss the budget. We pray that everything we see will help benefit this school district and that the budget we approve will will will help the the kids, the admin and the teachers here. Lord, we always pray that you'll continue to be with each and every one of them as they continue to go to school here to keep them safe. Lord, most of all, forgive us of our sins. It's in Christ's name we pray. Amen. >> Amen. Thank you. Um Okay, next item on the agenda is to have open discussion. Miss Chapman, would you like to
002>> Did you sign up? >> All right. Um, next item is to consider the fiscal year 2026 budget. Um, this this right here um is what what I want to tell you what's built into this. And uh right now we've got u I've got both the buses minus $22,100 if you want to. In other words, it'll take $22,100 to buy both of these buses. I talked to you about we already bought the one white bus. It's already included. Well, $78,000 uh dollars are included. It's already It doesn't It's already in build in the budget. I need $22,00 the 77 pasture and I think I've got some pictures of that. It's uh uh it would be your your be your activity bus, your big one. it would save you because you only have one bus driver
003and uh it's a 22 model. It's got like 36,000 mile on it. It looks brand new. It's a gas burner and uh you don't have to take two buses cuz all all your um your your cheerleaders, all three of your teams could fit on this with all their stuff and it would actually save you a bus driver uh on that. And if you don't want uh if you didn't want to buy that bus uh the big one, then you can add $78,800 into the that balance right there of 900 594,000. But if I would take what I'm trying to tell you, I would take $22,100 off this right here that pay for both buses. You said it's a gas burn gas. It's got the only what I looked at. I wanted one of the other
004buses, one of the 73 passenger 72 pass, but they don't had that had conventional brakes. It didn't have air brakes. In Arkansas, you can't you've got to have air brakes. We've got we've got one old bus that's got conventional brakes. The rest of them all have air brakes. And uh that's something changed in Arkansas since I was superintendent, you know, a long time ago. you go to either one of them, but this one here, this one here does meet all qualifications. Good looking bus. And like I said, he's wait, he's going to hold, he held it through today. I got to call him one way or the other after after the meeting tonight to tell him either put it back on shelf or that we want. Do you say about it being built into everything
005except for $22,000 is like it's already been paid for along with that bus there already. >> Where's the bus coming from? >> Uh it's coming from I believe Nashville. Uh they were coming I believe into Nashville and then they were coming somewhere uh maybe in end coming into not home. So, do we if if we pass the fiscal year 2026 budget and that's built in there already, that's proven that purchase would be. That's what I'm dot intentionally. I just I told the engine to put it in and then I said u you know and I said well no yeah I finally said okay put it in and I'll tell them if I'll explain I took but if you don't if you didn't approve it then you could add $88,000 excuse me let me say it
006again $79,800 right there >> but if we do approve the bus we take off 22,100 >> yes ma'am we Take it off. >> Now, is that off the is that off the building part or is that off the uh >> No, there's nothing off there. No, >> that's off the ending balance. >> It's off the hidden balance here. >> The building fund. I didn't touch anything in the building. Building fun is like was last year. >> So, this is all under operating. And the second page we've got uh there's about $35,000 uh in the federal programs uh that we've got. And of course u in balance of your uh activity funds are basically the same. And then I think I can get uh I think I can get our lunch fund into the black. It
007won't be much in the black, but I think it'll get into the black. We we've zeroed out the lunch fund out of last year's money this year. >> So what uh what's the big factor in the difference in revenues and expenditures for the federal grants last year? >> Right here. This is that some of that was that extra money that they used to do the uh >> they did to do the stuff over there, the roof and I believe the air conditioning, gym and stuff like that. under Well, I was talking about under fund six on page two. Are you on page two? >> Oh, here. >> Yeah, that right there. Yeah, >> that's that right there is that's that's that money that you got. You got about I think about $2 million, didn't you?
008Well, they all that co all that co stuff. And the difference part of that is uh and I told you this I think but uh nobody did the free and reduced lunch for so you've gone from 350 something,000 down to 143,000. Uh Beaver told me this morning or yesterday uh that we're at 70.1 68. We are right now if when they pull on the 10th of October if nothing bad so we don't you know lose or gain or whatever as far as students go when they pull that then we will go back into we not we won't get all that money back because if it's a threeyear phase in a three-year phase out and it'll be phase in over the next three years but next year you should go from 143 to somewhere around 230
009and then the next year somewhere around 280 to 290. And the next year you should get back to about three about 350. >> 70% is like the magic number, right? >> Magic number. It's half your money. $511 versus uh $1,100 something like that. Only about 11. It's half them. And then that that's that does. And then if you go over 90% if you get to 90% and goes to 1,600. >> Well, you're not going to make 90%. There's only there's only a handful of districts in the state that will make 90% free. Where were we at last? >> We get in that bus. >> You were 52% what you were last year because you didn't do any the >> didn't come back. >> The parents thought because we were giving everybody have to return. >>
010They wouldn't feel we justounded them to death this year. >> Yeah, we did. >> I mean, we've handounded them to death because and trying to explain to them, look, this money here, this this it also affects all your federal funds, your title one, your title, your title two, your title four. It affects everything reap. It affects your reap that that you get. So, you know, what we're trying to tell them is these are the monies that you normally play pay your aids and your your supplies and material. If you fill out these forms over in in two years from now, you your kids shouldn't have to buy anything. everything when they come to school, they should come. They don't have to have a pencil on this come to school because all your supplies and materials
011this this district should be able to take care of. >> See, this is the kind of stuff last last meeting we talked about having a public meeting informing the public on certain topics. This is something that needs to be covered. >> Miss today u Miss Jones talked to me and I told her I was that she wants to meet is it October the 14th? >> 14th. Y >> uh and she wants it to be able to show parents go through and and hopefully we can get enough computers and stuff there that we can that some of them can work where they can find they know how to look up their kids scores, their kids grades, how it's how it's all calculated, how all that stuff is done and she's asked to meet with have a
012parent meeting in the cafeteria on the 14th. She asked me about that and I told her I fall for it. if they the more parents we can impair uh impair to do what uh keep up with stuff. I don't I mean that to me that's a good thing. >> I think we did need to push that hard. >> Absolutely. >> But that's another thing we're going to that I I will be there. I will emphasize to them that how important it is these free and reduced even though everybody eats free how important it is for these free and reduced uh uh forms to be turned back in. We have some people just wouldn't do them. In fact, I signed two transfers today to go to Mount H. That just wouldn't he wouldn't sign up. He
013wouldn't they wouldn't I give up basically. >> Yeah. But anyway, um but it the whole thing about the whole thing about this uh this meeting would be to uh uh inform parents inform parents how much how important this is to we gone from when we were locked in to pre and reduce was 52%. I don't know how you even count a she got close to what she ended in red on that. We moved it to we locked it in then at 68% cuz that's the best I could do with it at that point in time. So, but you know each year and we'd lock that in for the next 5 years. So, but at least that's 16 that's 16 percentage points better as far as the money goes than what uh what we got. Okay.
014But I would recommend these these uh this bus to you. I I think it's I think it's something that would be good for your school district and I think it'd be something that and you'd put the other B route. You'd put the other bus on the route. The one that we've got now that we're driving uh you put it on route and uh we've got a couple of buses that we probably need to advertise uh and see if we can get rid of. I mean, the one that's got the we can still run the one that's got the conventional rights, but you know, because it's it but it we don't need to. There's there's two of them over there that uh he told me that we need probably need to do something with and but
015I will check before I do that. I I will definitely check with Eric and make sure that that this is what we want to do cuz I I've always stuck bids on the old truck and they they they said, "Oh, go go go. Anyway, >> well, I would imagine if the brakes can't be used in Arkansas that nobody can Well, not very many people would work on them either, >> no, >> which would cost us a lot more money. >> So, a couple of couple of questions under fund two, if you want to look at fund two there. >> Okay. Comparing >> this year's budget to last year's total revenues, it's about $130,000 less. the uh yeah, part of that I think was I still think we're going back to part of that that Ezra
016stuff. >> Yeah, >> they you know it's just how you place it or where you put put it in there at and I'm not familiar much with that. I wasn't you know I didn't have anything to do with any of that. In fact, it all that was spent before I ever even got here >> closed out. So, but >> it's not necessarily due to drop in enrollment or funding per student. No, anything like that. It's no couple of different uh >> Yeah. Your your funding and your your funding student funding actually went up. Now, they like I said, they're they're still they're going to make us pick up the rest of that insurance cost after the after the first of the year, but your funding actually went up. Now, next year, your funding is going
017to drop, but you don't have to pay any of the insurance next year. So that's that's part of the tradeoff with that. And uh like I said, we got to be very careful in this uh normally we don't do anything any kind of big moves in this uh fiscal session. Uh but we got to be careful about what's taking place in this. There's a push to do some things. We met with the legislators last uh Thursday. I think it was last Thursday. >> That's right. >> Uh no, Wednesday after the co-op meeting. >> Yeah. We met with them and uh I met gentleman from that represents us up here uh >> or what >> and they nice fell and they all don't understand why there's they've already got funding set for this year and next
018year. They don't understand why there's a push to do something next for next year. And I don't think any of them will support it, but that push for something to happen this next year. Uh, but there's going to be a push that they won't, like I said, it's not the the new the new formula that Liba is pushing. He said he wasn't he wasn't pushing that formula. He didn't I watched the video I watched the video the thing on it that morning when he and he don't know why that people thinks he's pushing a different formula he's not pushing a different he said and there's probably except for the three dinosaurs people actually believe what he said next question I had was in regarding uh the expenditures >> the expenditures for this year anticipated is
019about 255 000 less last year. Is that due to the primarily buyout? >> Yes. >> Okay. >> That's all the questions I had. This was pretty straightforward. This budget looks pretty good. >> Thank you. And like I said, we didn't like this last year. I don't know when you somewhere you moved some money out of the building fund uh because you started I sure was 696,000 and I figured that was to take care part of the air conditioning or the roofing and but after I got here we didn't move anything out still where it was at I would recommend that to approve the budget with the bus five. >> So, last question. Did you just say that the beginning balance of 2425 was 696,000? >> That was in the building fund. >> Oh, just in
020the building fund. >> That was the building fund. Okay. And what that was, um, like I said, I somebody moved 100,6935 out of that. That was before I ever got here. I never I didn't move anything out. Nothing ever I never >> I think that was probably to help take care of >> something >> with >> because we did >> so the ending balance of >> some of it was building >> after we paid off the lunch fund it was $362,745. >> So that's that's obviously decline from the previous year, >> right? >> Was it a decline the year before that? >> No, >> it wasn't. Okay. So, this is the first year of decline. >> Mhm. >> And it won't be then next year won't be a decline. >> Okay. Because it doesn't really
021show up on the radar until there's what, three years. >> You got to have two two of the You've got to have two of the uh uh you fill out the thing and you got to have two of the I think there's 15 factors. >> Okay. >> We don't need any of those. All right. One of them would default on your bond payment. There's a list of about 15 things in there. >> Which fund was that, Josh? >> I was looking at fund two already. just asking about the beginning to end balances and because I know one of the factors in the past was if you showed three consecutive years of decline that was that was if you could what you could do if you took this right here and you could take the difference
022between it and the year before and you multiply it times three then you've got you've got you're in physical distress. Okay, but we're not there. not close. >> And that's why you see a lot of times you'll move money back and forth from that building fund one way or the other. >> Yeah. But as long as and we could have done that if we wanted >> which >> we didn't meet the we didn't we didn't meet any of the criteria you know that that would the places there >> which isn't really a actual representation of how your ears gone. If you end up doing that, you know, that's all the questions I said. >> You said that twice and you could keep asking questions. That's all I've got. >> You answered my questions. Thank you.
023>> All right. Well, we've got the uh a budget here with a recommendation. We have a motion. >> I'll make that motion. >> I'll second it. >> We have a motion and a second to accept the fiscal year 2026 budget. All in favor? >> Any opposed? Did you get secretary? Did you get did you get one? That's what they asked for in the grant. I just I don't have anything. I don't have anything else. We >> budget. >> Okay. >> Anything else? Any other questions? Thank you. >> All in favor? I