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Bow Times

News and Information for the Town of Bow

Bow school budget up 5 percent

BY MATT SCHOOLEY

Although the Bow School Board’s proposed 2008 budget is slightly higher than last year’s, board members are still working to lower the figures to ease taxpayer burden.

As of now, the number sits at $24.6 million – an increase of 5.13 percent over last year’s budget of $23.5 million – but, according to school business administrator Duane Ford, board members are hoping to lower the increase before officially handing the budget over to the Budget Committee on Jan. 2.

Ford also said the 5 percent increase is a necessary step to continue running the schools. “A big part of our budget is salary and benefits,” he said. “If you look at just those two items, that is 76 percent of the budget. So when you look at increases, that’s where they’re mostly tied up.”

In addition to that 76 percent of the current proposal, 9 percent of the budget comes from purchased services, 6 percent in supplies, 6 percent in equipment and another 8 percent in miscellaneous needs.

This year’s proposed budget increase is in line with previous changes Ford has seen.

“It’s been higher in a few of the years I’ve been here. I’ve also seen lower than that, but it’s usually been around that or higher,” he said. “We’ll be lower than we’ve been in the last couple of years.”

After handing in the official figures to the Budget Committee on Jan. 2, the School Board then meets with them Jan. 10 to discuss the budget and set the figure before the School District budget meeting, which takes place at some point after Feb. 10.

Published Wednesday, December 19, 2007 4:12 PM by Bow Editor

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Bob O said:

Why hasn't the Bow Times covered the selectmen's keeping a 3% limit on their budget?  Also from this quote from the school: Ford said the reason the school budget is being proposed is going to be more than 5%. “A big part of our budget is salary and benefits,”  in addition to that 76 percent of the current proposal."  So if 76% of the school budget is salary and benefits and the school board are telling us that they can't control salary and benefits?  You got to be kidding?  Are seniors on fixed budgets getting a 5% plus increase in their budgets?  We don't even get a fraction of that increase in our SS and Medicare benefits.

Interesting fact:  You don't have to have children or grand children in school to go to the school district meeting.  If you pay Bow Taxes and you are a registered you should go to the school district meeting in March.

December 26, 2007 10:34 PM

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