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Silvis schools expect $500,000 deficit in next fiscal year
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An initial budget projection indicates an almost $500,000 deficit in the Silvis School District's education fund for the 2013-14 fiscal year. A report on the coming year's budget was presented Wednesday during the Silvis Board of Education's regularly scheduled meeting. Superintendent Ray Bergles said the district has been keeping spending under control, and the expected deficit is because of decreased state funding. "We've really worked hard to keep our expenditures down," he said. "But the problem is revenue is way down." The report indicates revenues for the education fund in '13-14 are expected to be $4,545,300, and expenditures are anticipated at about $5,022,499, leaving the district with a hole of about $477,199 to fill. There also are deficits expected in the transportation, retirement and tort funds, according to the report. Those deficits total about $130,147. How much of the deficit will be filled with cuts or other measures and how much by drawing from the reserve still is being worked out, Mr. Bergles said. The education fund reserve is about $3.4 million. In other business, the board voted unanimously to make a temporary transfer of $750,000 from the education fund to the operations and maintenance fund to pay bills related to the remodeling of George O. Barr School. Mr. Bergles said the transfer is temporary and necessary to compensate for late state payments on a grant for the project. 
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Today is Tuesday, May 21, the 141st day of 2013. There are 224 days left in the year.
1863 -- 150 years ago: On Monday the 11th inst. on Center Ridge in Mercer County,some citizens got out their cannon to celebrate the taking of Richmond. The gun wasoverloaded and burst. No one was injured, but one 30-pound piece went though thesecond story of a house.
1888 -- 125 years ago: The old folks concert at the Harper Theater last night to benefit St.Luke's Cottage Hospital, attracted a large audience.
1913 -- 100 years ago: Unless depredation by vandals in Rock Island parks is halted,special policemen will be assigned to night duty to protect the flowers and other property.
1938 -- 75 years ago: Station WHBF has received a special citation from Washington forits participation in Air Mail Week, which was observed this week throughout the nation.
1963 -- 50 years ago: A 10-year high in employment in the Quad-City area was reachedat the end of the last quarter, according to an industrial employment barometer releasedtoday.
1988 -- 25 years ago: Pee Wee teams will be able to play baseball and softball as usualon Diamond Three at Dorrance Park this summer, but after that, the ball field is doomed.County crews have put the diamond back in shape after heavy trucks marred the playingfield earlier this spring. Illinois Department of Transportation crews drove onto it to makeborings for the relocation of the junction of Illinois 84 and the Port Byron-Hillsdale road.
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