Newton board approves tax pact

PLEASANT HILL — In a brief meeting recently, the Newton Local School Board of Education unanimously agreed to bypass the adoption of a tax budget and move ahead with the alternative tax document format. The move is a standard agreement with the state and Miami County Budget Commission.

Superintendent Pat McBride reported the action was taken during a 9-minute public meeting on Dec. 14. His report on a new and revised policy review was tabled.

According to the resolution, the pact calls for the district’s treasurer Nick Hamilton to submit information to the local commission to proceed with determining taxing information for the district.

Hamilton also reported as of November, the General Fund balance is 17.46 percent higher than last school year. He noted that revenues are up 4.14 percent and expenditures are down 5.86 percent. He told the board the district continues to be in a very strong financial position.

The treasurer stated the ending General Fund balance is $2,569,253, and the district is in the black by $318,087. The district ended with $3,772,106.

The board hired Jodi Bradshaw as a substitute classified employee on an as needed basis. They also approved Neal Hans as volunteer assistant boys’ varsity basketball coach.

The board set Jan. 11 at 7 p.m. as their annual reorganizational meeting. Their regular monthly board meeting will follow that same evening.