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FRIDAY, AP__R_I_L 1_4, 1989 <br /> <br />Section 6 - Debt Service (reflecting a final payment in 1989-90 on a <br /> State Literary Loan dated May 1, 1970, plus payment No. 2 <br /> and interest due on a twenty-year Literary Fund loan of <br /> $754,682.00 borrowed to pay for the cost of replacing <br /> roofs on various school buildings). <br /> <br />Section 7 - A memorandum pertaining to the School System's Learning- <br /> Disabled students and Program Standards. <br /> <br />Section 8 - Description of the School System's K-3 Computer Program <br /> and its Instructional Computer Inventory, to which <br /> inventory the School Board proposes to add subsidized <br /> technological equipment-Valued at $51,046.63 through the <br /> Governor's Educational Technology Initiative Procurement <br /> & Financing Program, with payments of principal and <br /> interest spread over five fiscal years. <br /> <br />Section 9 - Replacement of Seventeen School Buses (pre-"Dot" models, <br /> i.e., manufactured prior to April 1, 1977) estimated to <br /> cost $461,516.00, being a portion of the 2,426 such buses <br /> in Virginia being required to be replaced because they do <br /> not meet updated safety standard's, all at an estimated <br /> cost of $65,861,048.00, for which the State Department of <br /> Education is attempting to make available lease-purchase <br /> financing arrangements under a master contract. <br /> <br />The School Board's total expenditure requests for 1989-90 were shown to exceed <br />the system's current budget by $399,836.00, whereas its revenues (from other <br />than the City's net share) are estimated to increase in 1989-90 by $195,309.00 <br />over 1988-89, for a net increase in the City's share of $204,000.00. Estimated <br />per-pupil costs for 1988-89 were listed at $1,757.00 in "City" net costs, <br />compared with $1,587.00 in 1987-88, and total all-funds per-pupil costs were <br />shown as $3,995.00 and $3,716.00, respectively, for each of the two years. <br />Average daily membership for 1988-89 was reported as being 2,804 and 2,913 for <br />1987-88, which has been declining each year for a number of years (the report <br />showed, for example, an average daily membership of 3,504 students in <br /> <br />1980-81). Even with the declining enrollment, the School Board reported an <br />estimated 1989-90 student-teacher ratio (based on certificated staff only) of <br />16.2 which, it is believed, reflects the School Board's budgeted intention to <br /> <br /> <br />