<br /> 2(
<br /> TUESDAY MARCH 23, 1971
<br /> MARTINSVILLE'S SHARE
<br /> Item Estimated Cost % Amount
<br />~
<br /> Road Construction $1,4l9,828.00 15 $212,974.20
<br /> Fairy Street Connection 67,050.00 50 33,525.00
<br /> B-604 on Fairy Street 3l4,694.00 50 157,347.00
<br /> 1011 Water Line on B-604 4,400.00 100 4,400.00
<br /> Storm Sewer Work 10,698.00 25 2,674.50
<br /> Field Office 3,500.00 15 525.00
<br /> Demolition 770.00 15 ll5.50
<br /> Sewer Work 50,556.00 3l 15,672.36
<br /> Water Line Work 31,854.00 31 9,874.74
<br /> Signs, Pave. Marking &
<br /> Planting by State Forces 5,500.00 15 825.00
<br /> B-60l under C & N Rwy. 158,078.00 15 23,711. 70
<br />.--- B-602 over C & N Rwy. 221,946.00 15 33,291. 90
<br /> l611 Water Line on B-602 3,960.00 100 3,960.00
<br /> Flagging by C & N Rwy. 4,400.00 15 660.00
<br /> Work by C & N Rwy. 15,702.00 l5 2,355.30
<br /> B-603 under Franklin St. l40,204.00 15 21,030.60
<br /> lOll Water Line on B-603 2,310.00 100 2,310.00
<br /> Preliminary Engineering 150,000.00 l5 22,500.00
<br /> Right of Way 610,000.00 15 91,500.00
<br /> Totals $3,215,450.00 $639,252.80
<br />
<br />Mr. W. K. Putney, Chairman of the City School Board, along with Mr. Worth H.
<br />
<br />Carter, Jr., School Board Member, and Mr. John D. Richmond, School Superintendent,
<br />
<br />appeared before Council and presented the School Board's recommended budget
<br />
<br />for the forthcoming 1971-72 fiscal year, being in the total amount (excluding
<br />
<br />debt service) of $2,992,223.00 and representing an increase of $235,845.00 over
<br />
<br /><-
<br />
<br />the Board's current operating budget. Off-setting this increase, the Board
<br />
<br />advised, the City can anticipate an increase of $80,000.00-$100,000.00 from
<br />
<br />State aid over that to be received during the current year, leaving some
<br />
<br />$130,000.00-to-$l50,000.00 net additional funds being requested from the City.
<br />
<br />Said proposed budget excluded self-supporting programs, such as Cafeteria
<br />
<br />operations, Textbook activities, and Federal programs, administered by the
<br />
<br />School system. Of the gross $235,000.00 recommended increase, some $160,000.00
<br />
<br />represented adjustments of salaries through an up-dating of the system's pay
<br />
<br />plan, averaging approximately six per cent increase per individual. The Board
<br />
<br />acknowledged with appreciation the cooperation of the Martinsville Education
<br />
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