Zionsville Times Sentinel

Local News

October 11, 2012

Officials propose balanced budget

By Andrea Cline/Times Sentinel managing editor CNHI

Despite another drop in state funding per pupil next year, Zionsville Community Schools plans to keep programs and address long-term maintenance issues while still balancing the budget in 2013.

Mike Shafer, ZCS chief financial officer, presented the budget to a full house during Monday, Oct. 8’s public hearing.

“We think that when it comes down to it, we will have revenues that look a lot like similar budgets we have had in the past, although we will have a new referendum fund come through,” Shafer said.

According to Shafer’s presentation, the proposed 2013 budget calls for expenditures of $66.5 million. Total revenues expected from state and local sources are $65 million. More than $1 million in revenue will come from the Rainy Day Fund until operating referendum funds are first available in June 2013.

This restoration plan was adopted by the board after an operating referendum passed during May’s election. The referendum provides a maximum of  $4.7 million a year for direct student instruction to compensate for Zionsville’s shortfall from the state for three years.

The board’s approval of the referendum money is part of the budget adoption process for each of the three years during which the referendum is in place.

See Wednesday’s paper for the full story.

Text Only
Local News
  • farm chart.jpg The Farm could yield money for town, schools

    The Farm could bring something else to Zionsville besides a new grocer, retail and office space – more money.

    May 23, 2013 1 Photo

  • ONE LR052213 perrry-worth intersection.jpg Whitestown council addresses traffic concerns

    Taking Whitestown Parkway to Interstate 65 can be difficult, especially around Christmas time when Amazon employees flood the area with additional traffic.

    May 22, 2013 1 Photo

  • ONE LR052113 zville brickst market4.jpg For the birds

    The Schoolers often come out to the market to shop for fresh food, Cheryl said, but the art at the Brick Street Market was a bonus Saturday. Booth owner Tom Koppelman, left, sold several items right out of his garden, including geraniums, green tomatoes and basil. Saturday, May 25, is Bike to Market Day.

    May 22, 2013 1 Photo

  • 002.JPG VIDEO: Bus crash injures 12

    Twelve people were taken to hospitals - six to Methodist and six to St. Vincent - after a school bus crashed and rolled over on northbound Interstate 65 in Boone County just before 2 p.m. Thursday.

    May 16, 2013 1 Photo 1 Video

  • Dow deal approaches completion

    At a Friday, May 10, meeting of the Zionsville Redevelopment Commission, RDC attorney Andy Buroker announced a May 23 closing date has been set on the Dow property the town will purchase — if all the final details come together.

    May 15, 2013

  • conceptual site plan.jpg Pittmans bet on The Farm

    They could have made it anything. Apartments. A vinyl village. A big box retailer.
    Brothers Steve and Chad Pittman were approached by all of these possibilities for their family’s high profile land at the southwest corner of Michigan Road and Sycamore Street.

    Click here to download the site plan .pdf for The Farm.

    May 14, 2013 7 Photos

  • Meijer files Anson plans with state

    Meijer is able to break ground in Anson after receiving a release for foundation construction from the state.

    May 8, 2013

  • NWS - ZT050813 - Community Foundation.jpg New foundation director is coffee driven

    Jen Pendleton hopes to take the Community Foundation of Boone County to the next level, and she hopes to do it with a lot of coffee.

    May 8, 2013 1 Photo

  • No more environmental concerns on Dow property

    Any worries about environmental concerns on the Dow property are no longer present after a Phase II subsurface investigation was completed.

    May 8, 2013

  • Sting shuts down Zionsville spa

    The Hamilton/Boone Drug Task Force made its biggest prostitution bust after a nearly yearlong investigation.

    May 8, 2013

Order Times Sentinel photos


Times Sentinel photos from May 2013

Facebook
Twitter Updates
Follow me on Twitter
AP Video
Johnson: Don't Blame Islam or UK Policy Raw: 80-Year-Old Climbs Mount Everest Wash. State Man Arrested Following Ricin Scare Chain-Reaction School Bus Crash Injures About 50 Raw: Scuffles in London After Hacking Death Texas Students Coach Teachers on Fitness New Forecasting Tool Eyed for Hurricane Season Meet MJ, the Bike Riding Tabby Cat Britain Attack Believed Linked to Radical Islam Raw: Kevin Durant Tours Moore After $1M Pledge Man Shot While Questioned in Boston Probe Weiner Launches Bid to Become NYC Mayor Okla. Teens Get Video of Deadly Tornado Overhead School Storm Protection Spotty in Tornado Zones 9-year-old Tornado Victim Loved Family, Singing Moore Native Toby Keith Tours Tornado Damage Oklahoma Survivors, Heroes Survey Damage Raw: Aftermath of Deadly Attack in London Paperless Scanner, Vision of the Future
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide