, Corbin, KY

Local News

November 15, 2013

‘All is good’ with school financial audit

Announcement made during monthly Whitley Board of Education meeting

CORBIN — By John L. Ross / Staff Writer

“All is good.”

That’s what Nancy Logan, with Marr, Miller & Myers, PSC in Corbin, told Whitley County Board of Education members during their monthly meeting Thursday.

And what she was referring to was the school system’s annual financial audit — which Logan said came out just fine.

She explained that after careful review of the school system’s finances, the firm can offer an “unmodified opinion” that all financial records are sound.

“The best part of the report was the superintendent’s review (of the financials),” Logan said. “(That was) a very informative section.”

She told board members that total assets for the school system are approximately valued at $55 million.

Of that, the school has approximately $24 million available for them to work with.

She added that revenues were comparable to the 2012 report, but did show those numbers were “a little less.”

She further added that the numbers were in accordance with standard accounting practices.

“The internal control structure is properly operating,” Logan said.

She did inform board members that when the next audit comes around, imminent changes, particularly to the activity fund reviews, will be the biggest challenge to be faced.

Board member Delmar Mahan commented that despite the funding cuts from federal and state coffers, it was good that the school system was “in a sound financial position.”

Board chair Larry Lambdin voted to accept the audit report, with a second from Board member Malorie Cooper. Board members were unanimous with this decision.

In other board business:

— Board members unanimously approved and welcomed back a board attorney.

Board vice-chair J.E. Jones motioned to approve Tim Crawford as the board’s attorney, with a second from Mahan. Once the vote was complete, Crawford took his place at the board of education’s table.

— A discussion concerning the Teaching, Empowering, Leading and Learning (TELL) survey was kicked off by Superintendent Scott Paul.

Paul told board members that 96 percent of the school system’s teachers participated in the voluntary survey.

According to the Kentucky Department of Education website, TELL Kentucky captures the perceptions of all school-based certified educators about teaching and learning working conditions through an anonymous process.

By documenting and analyzing how educators view critical teaching and learning conditions, this initiative focuses on providing each Kentucky school with its own data that can become a part of the ongoing improvement planning processes in the buildings, in the school districts and at the state level, states the website.

Paul said that the statewide average response was 86 percent.

“We’re rated pretty well,” he said, adding that the board of education’s strong emphasis and focus on technology was helpful.

“Pleasant View (Elementary) was the only place (that did) not score well,” Paul said. “(But we’re) rectifying that with a new facility.”

“There’s only so much you can do with a 1938 model facility,” Lambdin added.

The survey questions eight areas — sufficient access to instructional technology, reliable communication technology, access to office equipment and supplies, access to a broad range of professional support personnel, a clean, well-maintained environment, adequate teaching space, an environment of classrooms which support teaching and learning, and the reliability and speed of the Internet connections of the school.

According to a survey report shared with board members, the school system’s percentages exceeded the state average in every category reviewed.

No board decision was required for this discussion.

— Board members approved participating in an “adequacy study.”

Paul explained that the Council for Better Education (CBE) monitors state funding for adequacy in that funding.

Paul said that 168 school districts belong to the CBE, and that the CBE has asked member school districts for their help.

“(They are) campaigning hard to get more money from the state,” Paul said, adding that in order to more solidify their position on more monies, the CBE needs documentation of need in hand.

The research would cost CBE member districts 25 cents per ADA (Average Daily Attendance) — which Paul said means about $1,000 for Whitley County Schools.

“(This research) carries a lot more weight,” Paul added.

“Everybody knows we need more money,” Lambdin said.

Mahan motioned to approve participating in the research study, with a second from Jones. The board was unanimous in its decision.

— The final full payment to CMTA Energy Solutions was approved by board of education members Thursday.

CMTA Energy Solutions concentrated on a Guaranteed Energy Savings Contract, which basically was completing energy-saving projects throughout the school system.

“Everything is fine — the system is working great,” Paul said.

Cooper motioned to pay CMTA $54,817.10, with a second from Hill. Board members were unanimous with their decision.

Text Only
Local News
  • TODAY'S HEADLINES — July 30, 2014

    18 arrested in drug roundup

    Suspect wanted for assault

    Laurel service station robbed

    Arrest warrant issued for 1 of 2 charged in I-75 multi-vehicle crashes

    Corbin Board of Education approves improvement plan for St. Camillus site

    July 30, 2014

  • I-75 lane closures Wednesday

    A reminder if you’ll be traveling on I-75 in Laurel County Wednesday — the state Transportation Cabinet (KYTC) plans to restrict northbound and southbound traffic to one lane just north of exit 29.

    July 30, 2014

  • 0729 John Waite for web.jpg John Waite to perform at NIBROC

    Grammy nominated singer John Waite has joined the 2014 NIBROC musical lineup.

    July 29, 2014 1 Photo

  • 0729 gray crash for web.jpg U.S. 25E intersection site of Monday crash

    A woman was transported to Baptist Health Corbin Monday following a crash at the U.S. 25E and KY-233 intersection, according to Kentucky State Police Post 10 Public Information Officer Shane Jacobs.

    July 29, 2014 1 Photo

  • Laurel School nurses to stay

    The Laurel County School System will keep its school nurses for the 2014-2015 school year.

    July 29, 2014

  • POLICE ROUNDUP: Driver leaves scene of wrecks

    A man admitted to police Saturday that he was the driver in two hit and run accidents, according to London City Police Chief Derek House.

    July 29, 2014

  • London Tourism director up for the job

    Chris Robinson knows the challenges that his native town of London faces – and he’s ready to tackle them head on.

    July 29, 2014

  • Traffic signal to go up in Knox

    The U.S. 25E and KY-233 intersection will soon see the addition of a traffic signal, according to Kentucky Department of Transportation District 11 Public Information Officer Les Dixon.

    July 29, 2014

  • TODAY'S HEADLINES — July 29, 2014

    John Waite to perform at NIBROC

    Traffic signal to go up in Knox

    U.S. 25E intersection site of Monday crash

    Laurel School nurses to stay

    July 29, 2014

  • Cannon man indicted for rape

    By John L. Ross
    Staff Writer
    A Cannon man facing first-degree rape and other charges has now been indicted in this case.

    July 28, 2014

Front page
Featured Ads
AP Video
Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train Crayola Announces Family Attraction in Orlando
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Twitter Updates
Follow us on twitter