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Despite severe funding cuts, Adair Co. Schools finances strong

General fund balance stood at $2,365,492,.55 at the end of the fiscal year. Superintendent Alan W. Reed says important challenges still facing the district are construction of an Auditorium at Adair County High School, a new Band Room, and a new Bus Garage.
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By Ed Waggener

Despite multi-million dollar funding cuts and a campus revitalization program never before seen in the system. At CM's request, Chief Financial Officer Renae Smith sent a comparison of the last four years, which shows a general upward trend.

Trend Data - General Fund Balance for Past 4 years

  • 2013-14 (Reed) - $2,365,492.55
  • 2012-13 (Reed) - $1,517,903.00
  • 2011-12 (Treece) - $ 1,540,549.00
  • 2010-11 (Treece) - $ 926,695.00
The general fund is the main spending account and reflects the overall financial health of a school district.

Superintendent Alan W. Reed shared some plans for future projects, as well.

"While we have been able to achieve many successes (thanks to consolidation), there are several projects that need to be completed over the next several years such as:
  1. Auditorium at ACHS. This should have been completed years ago and will serve the entire Adair County community.
  2. Band Room. The current facility is outdated and does not reflect the quality of a state renowned organization.
  3. Bus garage. While we receive state recognition for having the best run Transportation Department in Kentucky, our facility is the worst. We have to special order buses at extra cost so they will fit in the repair bays. The state will not allow us to do renovation due to the age and condition.
"The goal is Adair County to have a school district that is the state model for efficiency and excellence in all aspects of education," he wrote.

This story was posted on 2014-08-06 06:12:57
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