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Section A: General News


La Vernia ISD board OKs stipend




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Wilson County News
July 3, 2012 | 2,285 views | 4 comments

LA VERNIA -- In an effort to maintain staff amid uncertain state funding and a booming local job market, members of the La Vernia Independent School District (ISD) board of trustees have approved a one-time stipend. The unanimous decision came during the board’s June 28 budget workshop.

According to the motion read by board President Michael Jendrusch, anyone employed with the district on or before Aug. 15, who stays employed with the district on that date, will receive a one-time payment in the amount of 5 percent of their annual salary. These payments are less applicable salary taxes and withholding.

Superintendent Tom Harvey said following the meeting that an estimated $695,257 would be allocated from the district’s fund balance. This figure still is preliminary, as hiring continues and several retirements were pending, Jendrusch said after the meeting.

Also during the meeting, the board discussed preparation of the fiscal year 2013 budget. Harvey said that during the 2011-12 school year, an estimated $6.9 million of local tax revenue contributed to the district’s approximately $22 million budget. For the upcoming school year, he said that local tax revenue could reach $7.5 million. The superintendent attributes this increase to new value from a handful of new homes, along with tax dollars generated from a Whataburger restaurant that opened in March and an H-E-B supermarket that opened in 2011.

The budget will pay the cost of educating what Harvey estimates will be 3,083 students district-wide. The district’s state funding is based on its weighted average daily attendance, which Harvey estimates will be 2,198 students.

 

Your Opinions and Comments

 
New Guy  
Wilson County  
July 10, 2012 11:52am
 
Wow, no responses. I guess it is alright with the local government waste tax payer's money, but when the Federal government does it, the GOP goes on the war path.

 
7th Generation La Vernian  
La Vernia  
July 5, 2012 6:06pm
 
Ok, this is what happens when the school board has lost public trust and does things that make no sense. It is time to vote them off one by one and get a handle on our tax money.

 
Webmaster  
Floresville  
July 5, 2012 1:59pm
 
Video posted

 
Facts only please  
TX  
July 5, 2012 9:05am
 
This one-time payment was based on what performance merit? Why 5%? That is our tax dollars you are giving away, right?

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