GRANT PUBLIC SCHOOLS

COUNTIES OF KENT, MUSKEGON, NEWAYGO

GRANT, MICHIGAN

GENERAL APPROPRIATIONS ACT RESOLUTION

FOR FISCAL YEAR 2007-2008

 

A regular meeting of the Board of Education of Grant Public Schools, Counties of Kent, Muskegon and Newaygo, Michigan was held in the Grant Middle School Media Center, Grant, Michigan on the 11th day of June, 2007, at 7:00 p.m.

MEMBERS PRESENT:      Dave Robinson, Jim Stuart, Kris Lesley, Bob Jenema, Jill Niewiadomski, Paul Roberts, Jon Chase

MEMBERS ABSENT:       None

The Superintendent raised for the Board's consideration and review the proposed budgets for the General, Athletic, Food Services, and Community Enrichment for fiscal year 2007-2008 as well as the property tax millage rates which must be levied to provide the funds for each budget. Following such consideration and review and the holding of a public hearing June 11, 2007 as required under Act No. 43 of the Public Acts of Michigan of 1963, as amended, the following resolution was made by Member Jill Niewiadomski and seconded by Member Paul Roberts:

 

  1. The proposed budgets for the General, Athletic, Food Service, Community Enrichment Funds for fiscal year 2007-2008 as attached to and incorporated into this Resolution are hereby approved and adopted.
    1. General Fund Revenues for fiscal year 2007-2008 totaling 18,815,350 are adopted at the function level. Estimated General Fund Expenditures for fiscal year 2007-2008 totaling $20,542,887 function level.
    2. Athletic Fund Revenues for fiscal year 2007-2008 totaling $282,450 adopted at the function level. Estimated Athletic Fund Expenditures for fiscal year 2007-2008 totaling $316,505 are adopted at the function level.
    3. Food Service Fund Revenues for fiscal year 2007-2008 totaling $649,680 are adopted at the function level. Estimated Food Service Fund Expenditures for fiscal year 2007-2008 totaling $633,030 are adopted at the function level.  
    4. Community Enrichment Fund Revenues for fiscal year 2007-2008 totaling $40,100 are adopted at the function level.  Estimated Community Enrichment Fund Expenditures for fiscal year 2007-2008 totaling $47,523 are adopted at the function level.
  2. All amounts necessary to defray the expenses and liabilities of the School District for the 2007-2008 fiscal year as set forth in the Budgets are hereby appropriated and the expenditures of such amounts as provided in the Budgets is hereby approved.

 

  1. It is hereby determined that the amounts of money to be raised by taxation necessary to defray the expenses and liabilities of the School District are hereby appropriated and the expenditures of such amounts as provided in the Budgets are hereby approved.
  2. The total number of mills of ad valorem property taxes which shall be levied by the School District and the purposes for which that millage shall be levied are as follows:
    1. 18.00 mills against all taxable property (except homestead and qualified agricultural property) for general operating purposes.
    2. 7.46 mills against all taxable property for debt retirement purposes.
  3. Appropriations will be deemed maximum authorizations to incur expenditures. The superintendent shall exercise supervision and control to ensure that expenditures are within appropriations, and shall not issue a purchase order for expenditures that exceed appropriations.
  4. Limit on Obligations and Payments – No obligation shall be incurred against, and no payment shall be made from any appropriation account unless there is a sufficient unencumbered balance in the appropriation and sufficient funds are or will be available to meet the obligation.
  5. Budget Monitoring – whenever it appears to the Superintendent that the actual and probable revenues in any fund will be less than the estimated revenues upon which appropriations from which they were based, and when it appears that expenditures shall exceed an appropriation, the Superintendent shall present to the Board recommendations to prevent expenditures from exceeding available revenues or appropriations for the current fiscal year. Such recommendations shall include proposals for reducing appropriations, increasing revenues, or both.
  6. All prior resolutions and parts of resolutions insofar as they conflict with the provisions of this Resolution are hereby rescinded.

 

Ayes:     Dave Robinson, Jim Stuart, Kris Lesley, Bob Jenema, Jill Niewiadomski, Paul Roberts, and Jon Chase

 

Abstained:     None             

The Resolution is declared ADOPTED.

 

                                                                                                                                               

Kris Lesley, Secretary

Board of Education