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Published - Tuesday, August 19, 2008

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News Tracker: Spending fund balance


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What we knew: La Crosse School Board member Neil Duresky made a motion Aug. 11 to use $3 million from the district’s $33 million fund balance to pay for safety and security work outlined in the failed April referendum. The vote was postponed until Monday so district administrators could bring back a scenario for using the fund balance.

What’s new: Duresky amended his motion Monday to use $2.56 million of the district’s fund balance after administration outlined a plan that addressed the safety and security needs but excluded entrance office revisions. The motion garnered some support, but failed. Superintendent Jerry Kember said if the measure passed, it would have cost the district more than $94,000 annually in lost interest. “Unfortunately that is not a one-time cost,” Kember said. “Every year that (money) is not in the fund balance, we have to reduce our operating budget by $94,000 somewhere.”
What’s next: Board members will continue to look at safety and security needs. Potentially tapping into the fund balance will again be discussed at a special board meeting at 6 p.m. Monday at the Hogan Administrative Center, 807 East Ave. S.
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common-cents wrote on Aug 19, 2008 12:24 PM:

" Lets spend the entire $33 million on buildings, take care of what got left undone to build up this money in the first place. This fund was built up by not maintaining structures. I'm sick of this bu ll. "

Vindicator wrote on Aug 19, 2008 11:58 AM:

" Kember; "It will cost the district $94,000.00"
It's going to cost the district no matter where
you get the money from you moron. It's all taxpayer money, not YOUR money.


It's funny how the public employee's think
they generate the cash. "

Myturn wrote on Aug 19, 2008 10:36 AM:

" When are the three 'free' HVAC units going to be delivered? "


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