The Hermiston School Districts 2010-11 budget landed right on target with projected figures, interim Superintendent Wade Smith said Monday.
On a more than $36.6 million budget, the district ended the school year within 1 percent of where it expected to be.
Revenue was basically spot on. Expenditures were spot on. The ending fund balance was where we expected it to be, Smith told board members Monday. There were no ah-has, no surprises.
In expenditures, the General Fund ended the 2010-11 school year with $36,208,203. The district had planned on spending $36,317,873, a difference of less than $110,000.
When it came down to expenditures, we really met it spot on for what we projected, Smith said. I feel really good about that.
The big change in district expenditures was in personnel, he said. The district planned on spending about $30.4 million but actually spent $30.58 million. Personnel costs will again increase this year because of retirement benefits and step increases.
At the end of June, General Fund revenue came in at $36,545,127. The district had projected revenue for $36,437,426.
The adopted budget for 2010-11 was conservative in both areas, with revenue budgeted for $300,000 lower than the projected amount and expenditures budgeted for almost $200,000 higher.
In other business:
The district announced Hermiston High School has received an award for 75 years of accredidation from the Commission on Schools of the Northwest Accreditation Commission, one of the nations six acknowledged accredidation agencies. First accredited in 1926, HHS was recognized for promoting and maintaining a well-balanced education program and for meeting or exceeding standards.
Gwen Gardiner, new business consultant/manager for the district, was introduced. Gardiner will take over the position of Bob Reese for the 2011-12 school year. Jon Mishra will add the position to his job duties in 2012-13.