California R-I School board hears audit report
Wednesday, October 27, 2010
The California R-I School Board was presented with a review of the recent audit by Richard Elliott, representing Evers and Company CPA's.
Elliott reported that cash and investments were more than $2 million less than last year, because of the completion of the capital projects, including library, additional classrooms and auditorium. The General fund was $628,000 higher. According to Elliott, there have been some questions concerning the school district policy of allowing retirees to stay in the district's health insurance system, paying their own premiums at the same rate as current employees. The policy does not cost the district any money for premiums, but the possibility of older employees requiring greater health care may be of some concern.
"To determine this, it would cost an estimated $10,000 in actuarial studies to calculate the potential liability," Elliott said.
He said it did not appear to be worth the cost. Superintendent Marty Albertson pointed out that the district is part of an insurance group of other schools, which includes about 9,000 school employees. All of the school districts have this policy. Elliott said the actuarial studies for that many would be much more than $10,000.
Elementary Principal Terri Steffes reported enrollment of 584. A family reading night, the second this year, was held Oct. 7. Sergeant Morse of the Moniteau County Sheriff's Department was guest reader. A hundred hot dogs were served with nearly 50 in attendance.
The first PTO movie night was held on Sept. 10 with more than 200 in attendance.
Middle School Principal Matt Abernathy reported enrollment of 282. Core subject area teachers have all received iPod Touches to be added to the technology devices which can be used in the classrooms.
Pinto Express will be singing the national anthem at the Missouri vs. Kansas volleyball game on Saturday, Oct. 30.
High School Principal Dwight Sanders reported an enrollment of 425. More than 100 students participated in College Night on Oct. 4. He also announced that two of the three students who took the GED passed it and will receive diplomas.
The Homecoming Dance was more formal than usual with no jeans being allowed. The event went well according to Sanders.
Michele Bilyeu, vocal music teacher, announced the invitation for six students to sing in a mass choir at Lincoln Center in New York City. They will sing with the New York Philharmonic. The funding is up to the students. Four of the students are interested in attending. The Board approved acceptance of the invitation.
The District Goals were reviewed and approved by the Board.