TheTimesTribune.com, Corbin, KY

Local News

September 27, 2012

Knox BOE passes ‘bare bones’ budget

CORBIN — By Charlotte Underwood / Staff Writer

The Knox County Board of Education passed a “bare bones” 2012-2013 budget at its Tuesday evening meeting.

The $41,456,201.88 budget showed nearly a $3 million reduction over last year’s due to funding cuts, according to Knox County School Superintendent Walter T. Hulett. Last year’s budget was $44,000,000.

“The working budget is a decrease of nearly $3 million over last year’s due to a reduction in state and federal funding and grants,” Hulett said, adding that a reduction of that “magnitude meant something needed to be done.”

“We are cutting all expenses and trying to use what we have left to continue in the best way possible with student learning,” Hulett said.

 According to the superintendent, one of the reasons funding is down is due to a decrease in school enrollment.

“We have 93 less children in the system this year,” Hulett said, adding that he thought the economy was partly to blame.

“There are no jobs; factories have closed down, businesses have moved out of the area and people are trying to find work and having to leave the area to do that,” Hulett said.

The decrease in student enrollment caused about a $679,000 decrease in the budget.

Hulett said things were tight in many of the districts across the state and that Knox County was no different.

“We have made all the cuts that we can make,” Hulett said, adding that the schools had not renewed several employee positions due to these cuts.

“Basically, due to the state cuts that all school districts are experiencing, we are having to trim our budget as much as we can,” Hulett said.

During the meeting, board members also approved a resolution to issue energy conservation revenue bonds in the amount of $9.5 million.

The bonds are being sold to fund a $9.5 million project which will upgrade school buildings and make them more energy efficient, according to Hulett.

Part of the project will be paid out of the bond funds and approximately $300,000 will come out of energy savings, Hulett said. In the end, the energy efficiency upgrades will save the district money.

1
Text Only
Local News
  • TODAY'S HEADLINES — July 25, 2014

    Hundreds attend military funeral service for Dirk Shelton

    New jobs coming to London
     

    July 25, 2014

  • swiss officer for web.jpg Swiss officer spends time with Laurel Co. deputies

    Fabien De Lucia is a police officer in a two-and-a-half square-mile city filled with 30,000 people.

    July 24, 2014 1 Photo

  • 0724 Chris Robinson FOR WEB.jpg Robinson new London Tourism director

    The London Tourism and Convention Commission voted Wednesday to hire Chris Robinson as their new director.

    July 24, 2014 1 Photo

  • Restaurant tax problems being corrected

    Fazoli’s is now collecting London’s restaurant tax from its customers after nearly a month of not knowing it existed.

    July 24, 2014

  • 0724 J. M. Hall, Donna Smith, Pat McDonald & Julio Cima FOR WEB.jpg Line-item resolution passed by Knox Court

    Several organizations in Knox County and Barbourville will get the benefit of coal severance tax money over the next two fiscal years thanks to a resolution passed Wednesday by the Knox County Fiscal Court.

    July 24, 2014 1 Photo

  • U.S. 25 work to begin Thursday

    A weeklong road work project for U.S. 25 in Laurel County is scheduled to start Thursday.

    July 24, 2014

  • 0724 TAYLOR THROW for web.tif Airing It Out

    After another strong showing at the Eastern Kentucky University Passing Camp, first-year coach Justin Haddix is pleased with what he is seeing with his Corbin Redhound football players.

    July 24, 2014 1 Photo

  • TODAY'S HEADLINES — July 24, 2014

    Swiss officer spends time with Laurel Co. deputies

    Robinson new London Tourism director

    Restaurant tax problems being corrected

    Line-item resolution passed by Knox Court

    July 24, 2014

  • Couple pleads not guilty to abuse

    A Knox County couple facing charges in connection with second-degree burns on a child’s leg pleaded not guilty Tuesday morning during their preliminary hearings.
    Tyrone L. Person, 22, of Corbin, and Sierra Shepherd, 21, of Flat Lick, appeared before Judge John Chappell in Knox County District Court, according to a court official.

    July 23, 2014

  • Evaluation of Williamsburg Superintendent postponed

    An executive session to discuss and evaluate Williamsburg Independent Schools Superintendent Denny Byrd was slated for Tuesday night’s regular meeting — but an absence of one member postponed those plans.

    July 23, 2014

Front page
Featured Ads
AP Video
Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase Obama Seeks Limits on US Company Mergers Abroad Large Family to Share NJ Lottery Winnings U.S. Flights to Israel Resume After Ban Lifted Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires
Hyperlocal Search
Premier Guide
Find a business

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