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Bamberg School District
One was able to add money to
its general fund account at the
end of the fiscal year, auditor
Elizabeth Inabinet informed
District One trustees at their
October 20, meeting. District
One’s general fund finished
the year by adding $760,000
to its previous fund balance,
bringing the district’s total
fund balance as of June 30,
2011 to $2,951,000 which
equals approximately 32
percent of the district’s
expenditure in the general fund.
“That represents what is
considered to be a very strong
fund balance,” Inabinet said,
adding “so you’re in good
shape there.” The district’s
net assets (which are the
difference between assets and
liabilities) totaled “a little
over” $9.1 million. The
district’s total expenses for
instruction were about $7.8
million. It was noted in the
report that the district’s
Summer Feeding Program
was doing “much better” the
last two years ending the year
with a profit of $44,199.
The audit did note several
findings, including children
charging meals at school.
Inabinet noted that a previous
recommendation was that
children in the lower grades
be allowed to charge up to
$25 and students in the higher
grades not be allowed to
charge any meals. At one
school charges amounted to
$22,000 with collections
amounting to approximately
$16,000 the result was $5,500
more being charged than
collected. It was noted that at
another school 57 students
had balances of more than
$100. “That’s something that
needs to be addressed and
limited as much as possible,”
Inabinet said.
Also during the meeting:
Dale Collier of
Brownstone Construction
Group and the owner’s
representative gave trustees
an update on the district’s
construction and renovation
projects. Collier noted that
the front entrance and
administration areas of the
middle school are 80-90
percent complete and 80-85
percent of all the physical
work at the middle school was
done. The remaining work
will revolve around the
kitchen area being done next
summer.
Collier reported that “a
lot of major work” is
underway at the high school
with concentration on the
front of the building. He
noted that efforts would be
made to finish the front part
of the building coming out of
Christmas break. The
construction company is
making an effort to control
the affects of tar fumes on
students and people in the
community from the roofing
by working evenings and after
school.
Construction work at the
new Richard Carroll
Elementary School is “well
underway” and beyond 50
percent complete. With site
infrastructure, fire hydrants in
place and dry wall nearly
complete, Collier noted: “We
feel very good about where
we are. It’s going along very,
very well with not a lot of do overs.” The district was able
to secure $150,000 in C-Fund
money to help with the
highway construction at the
new school, with the
Binnicker Road access
costing approximately
$200,000 and the Highway
301 entrance costing between
$30-$40,000.
In reference to the district
receiving a $1.3 million grant
from the Federal Emergency
Management Agency
(FEMA). Collier said the
problem is the district would
have had to wait until March
to be approved, thus putting
construction at the new
elementary school on hold.
The district and construction
officials will look at the
possibility of using the FEMA
grant to retro-fit the gym at
Bamberg-Ehrhardt Middle
School. |