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<br />J- I.;
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<br />APRIL 12, 1976
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<br />MONDAY
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<br />A special and duly-called meeting of the Council of the City of Martinsville,
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<br />Virginia was held jointly with the Martinsville City School Board at the
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<br />Dutch Inn, Collinsville, Virginia, April 12, 1976, beginning at 12:30 P.M.,
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<br />for the purpose of receiving the School Board's proposed budget for the
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<br />fiscal year ending June 30, 1977, along with supplementary information in
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<br />connection therewith. All members of Council were present, viz., Harry L. Boaz,
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<br />Mayor; William D. Hobson, Vice Mayor; G. S. Fitz-Hugh, Jr.; Barry A. Greene; and
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<br />Morton W. Lester.
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<br />Members of the School Board, through Dr. James E. Calkins, School Superintendent,
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<br />presented the following two summary statements, viz., receipts (as initially
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<br />budgeted and subsequently revised for the current fiscal year, plus an estimate
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<br />of receipts for 1976-77) and appropriations (for the current year and proposed
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<br />for 1976-77):
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<br />SUMMARY OF RECEIPTS
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<br />4-25-75
<br />Estimate to Council
<br />for 1975-76
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<br />4-1-76
<br />Revised Estimate
<br />for 1975-76
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<br />Estimate
<br />1976-77
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<br />Basic State Aid $ 1,011,654.00 $ 953,468.00 $1,107,928.00
<br />Additional Basic 110,118.00 114,571.00 130,508.00
<br />Ca tegor ica1 45,223.00 48,629.00 49,974.00
<br />NDEA 25,500.00
<br />Incentive 10,576.00 10,576.00 15,000.00
<br />Patrick County - Pr ice 6,000.00 6,206.00
<br />Local Funds (non-tax) 20,800.00 21 , 72 9 . 00 20,400.00
<br />Grant for Vietnamese Refugee Children 2,400.00
<br /> $ 1,229,871.00 $ 1,157,579.00 $1,323,810.00
<br /> $ 166,231. 00
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