By Brian Besch
The Goodrich ISD school board met Thursday evening to hear a financial report and swear in a new board member.
Business manager Sarah Fulcher gave a finance report, saying that money has been transferred from one district account to another to take advantage of a better rate.
“Our Lone Star Investment right now, the percentage of our interest is .00327 and on our First State Bank it is .00209, so it is way lower,” Fulcher said. “Last month, when we looked at our interest we were earning, we had about $2.8 million in that account, and we only earned $5,927 in interest. In the Lone Star investment, we had $1.9 million and earned $6,241. So, we had (less) money and were earning more interest. So, what we did this week was transferred $1 million from First State Bank into Lone Star Investments, so that the interest rate in our money is smarter. It only takes the click of a button to move it back if interest rates change.”
In maintenance and operations, The roof for the auditorium is scheduled to go on Dec. 28-30. If it has not been completed by that time, work will continue over the weekend to ensure the project is done by the time students and teachers return. Surveillance video cameras have been purchased in the amount of $32,500 for 60 cameras. They are expected to be installed within 30 days. A few busses will be sent over to East Texas Fleet Services for preventative maintenance over the holidays.
Lidia Merino was sworn in to take over Position 2 on the board. That spot was vacated last month when the board accepted the resignation of Jennifer Pickett.
The board approved a staff incentive bonus of $500 for all employees. The bonus has been approved in the past during Christmas time, according to Goodrich ISD Superintendent Daniel Barton.
“When we look at what we budgeted as far as our revenue, we were going to end up with approximately $150,000 extra, as far as taxes and because of our extra kiddos that we gained this year,” Fulcher said. “For all staff to get the $500 bonus, it would be $26,374.25. That is with taxes and everything; that is our total cost. We would hand it out before we went for Christmas. It is one of the ways we would like to use the extra money.”
There have yet to be applications submitted to fill the role of board member Position 5. That position was vacated in the death of former member Bobby Bridwell.
Goodrich ISD has now set their vision mission and beliefs. The vision is empowering all students to pursue excellence. The mission is to ensure that all students are college, career and military ready citizens of exemplary character. Some of the beliefs include respecting all stakeholders, valuing instructional time, making decisions collaboratively, providing positive affirmation, and maintaining high expectations for all.