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Martinsville Bulletin: Should school district receive carryover funds?

Martinsville Bulletin: Should school district receive carryover funds?

April 18, 2017

COLLINSVILLE -- Should money not used in last year’s budget for Henry County schools be returned to the district? That’s the question district officials want answered.

Normally, money not spent by a school district reverts to the county or city the schools operate in. Then in turn, district officials ask for it and the money is returned. But in this case, county supervisors haven’t given an automatic yes to the request. The reason is they feel that money should help pay the construction costs on the new school being built.

The argument is over $615,035 worth of carryover funds. Supervisors want that to go towards the $22 million cost for Meadow View Elementary, rather than returning it to the school system. District officials want to use that $615,035 to help renovate Bassett High School. Traditionally, carryover funds go to help fund capital improvements, like the work needed at Bassett High. County officials argue, however, that the new school is also a capital improvement, constructed for the district and so the funds should help pay for that.

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