This is a list of revised tentative finance committee meeting dates for 2016. These would be 6-7:30 p.m. except for the meeting on April 25, 2016. It would be scheduled to start at 6 p.m. but would not have a defined end time.
December 14, 2015 - Prior to the combined planning/voting meeting
January 18th - prior to the voting meeting
February 15th - prior to the voting meeting
March 21st - prior to the voting meeting
April 25th - this evening would be on a night separate from monthly board meetings
May 2nd - vote on proposed final budget during planning meeting (to allow for 30 days between vote on Proposed Final and Final budget)
May 16th - prior to the voting meeting
June 6th - vote on final budget during board planning meeting.
The meetings will be held in the DeWitt Blank Conference Room, which is located in the PRSD Central Offices, 702 Warrendale Rd. in Gibsonia.
Proposed Final General Fund Budget for 16-17
The board approved advertisement of the Proposed Final General Fund Budget for 2016-2017 school year with total expenditures of $80,118,581 and total revenues of $79,682,618 and a utilization of assigned fund balance of $435,963 for capital improvements. The budget will be on display at the Northern Tier Library and at the Pine-Richland Central Offices Front Desk from May 3, 2016 - June 6, 2016.
Pine-Richland School District and VEBH Architects discussed the ongoing Pine-Richland AthleticFacilitiesMasterPlan while gathering input on improving district indoor and outdoor athleticfacilities. Athletic and physical education experiences are an important part of the belief learning occurs inside and outside the classroom. While we embrace these notions, we want to be strategic and fiscally responsible in our approach.
Moody's Investors Service recently conducted a bond rating review of the Pine-Richland School District. The underlying bond rating was upgraded on May 6, 2016 to Aa3 from A1. Moody's indicated the upgrade was a result of reserves and liquidity, strong management with conservative practices, and large tax base with modest growth. Additionally, Moody's noted a further upgrade could result with a reduction in debt burden and growth in tax base.