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<br />MONDAY
<br />
<br />'iO..;
<br />
<br />MAY 8, 1978
<br />
<br />A special and duly-called meeting of the Council of the City of Martinsvi1le, Virginia, was
<br />
<br />conducted jointly with the Martinsville City School Board (and School administrative personnel)
<br />
<br />at the Home Economics Department area of Martinsvi11e Senior High School, Monday, May 8, 1978,
<br />
<br />beginning at 12 o'clock noon, for the purpose of receiving (and discussing with the School
<br />
<br />Board) said Board's proposed 1978-79 public school system budget. All members of Council were
<br />
<br />present, viz., William D. Hobson, Mayor; William C. Cole, Jr., Vice Mayor; Barry A. Greene;
<br />
<br />L. D. Oakes; and Francis T. West.
<br />
<br />-.
<br />
<br />A summary of said proposed budget, comparing same with the School Board's 1977-78 budget, follows:
<br />
<br />A P PRO P R I A T ION S
<br />
<br />Administration . . . .
<br />Instruction . . . .
<br />Instructional Costs
<br />Coordinate Activities
<br />Auxiliary Agencies .
<br />Plant Operation
<br />Plant Maintenance
<br />Fixed Charges
<br />Capital Outlay . .
<br />
<br />APPROVED
<br />1977-78
<br />$ 64,359
<br />3,197,862
<br />143,204
<br />29,660
<br />4,000
<br />480,932
<br />129,346
<br />179,450
<br />7,500
<br />
<br />Total Basic Budget
<br />
<br />$4,236,313
<br />
<br />ADD:
<br />Debt Service .....
<br />Pupil Transportation . .
<br />Gifted-Talented Program
<br />
<br />410,741
<br />165,500
<br />
<br />-
<br />
<br />TOTAL BUDGET . . . . .
<br />
<br />$4,812,554
<br />
<br />R E C E I P T S
<br />
<br />Basic State Aid
<br />Additional Basic .
<br />Ca tegorica1
<br />Incentive
<br />Local Non-Tax Income
<br />
<br />Sub-Total Income
<br />
<br />BUDGETED
<br />1977-78
<br />$1,109,354
<br />128,686
<br />49,366
<br />32,156
<br />23,700
<br />$1,343,262
<br />
<br />ADD:
<br />Pupil Transportation -
<br />From Commonwealth
<br />
<br />42,105
<br />$1,385,367
<br />
<br />TOTAL RECEIPTS
<br />
<br /> REQUESTED
<br /> 1978-79 CHANGE
<br />$ 68,157 $ 3,798
<br /> 3,332,780 134,918
<br /> 142,366 ( 838)
<br /> 31,860 2,200
<br /> 5,000 1,000
<br /> 528,605 47,673
<br /> 135,496 6,150
<br /> 239,487 60,037
<br /> 7,500
<br />$ 4,491,251 $ 254,938
<br /> 275,092 ( 135,649)
<br /> 165,500
<br /> 90,450 90,450
<br />$ 5,022,293 $ 209,739
<br />
<br /> REVISED ESTIMATED
<br /> 1977-78 1978-79
<br />$ 1,083,675 $1,230,257
<br /> 134,918 135,200
<br /> 61,315 43,160
<br /> 15,761 15,000
<br /> 23,372 24,500
<br />$ 1,319,041 $1,448,117
<br />
<br />50,000
<br />$ 1,369,041
<br />
<br />50,000
<br />$1,498,117
<br />
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