The School Committee listened to auditor Gregory Winters report on fiscal 2010 that shows the school used $100,000 in reserve funds to balance its budget.
Mount Greylock High Dipped Into Reserves To Balance 2010 Budget
School officials will be keeping a close eye on a revolving athletic account that has shown a deficit.
WILLIAMSTOWN, Mass. — Mount Greylock Regional School District’s finances are still in troubled water and the fiscal 2010 report shows the school used about $100,000 in reserve funds to balance the general budget.
“In 2010, you actually lost $275,000,” Gregory Winters, auditor from Scanlon and Associates, told the School Committee on Tuesday. “Overall, the school district has $100,000 less in reserves.”
The district had $11,098,069 in revenue compared to $11,373,691 in expenditures and the difference was overcome with reserve and school-choice funds. The school transferred $200,000 from school-choice funds and $101,517 from reserves.
However, the deficit was expected. The district nearly level-funded the $9.9 million budget despite a reduction of state aid by $250,000. At the time, school officials said the difference would be made up in excess capital and school choice funds.
“There is about $375,000 in reserves for the next budget and that’s a comfortable reserve,” Winters said.
Winters only had a few financial management suggestions this year: Segregate payroll duties because there is currently only one person handling all of the payroll, close a revolving account and update post-employment benefits statements.
The district has already enhanced the role of the treasurer, transferred funds from the revolving account and requested the health insurance provider to update those statements, Winters said.
The audit report also shows deficits in capital projects from repairs to the boiler room and the locker rooms — both projects expected to be completed in the next few weeks — but the school is expected to be reimbursed by the School Building Authority.
Winters had trouble explaining a difference in an athletic revolving account. The revenues were confirmed but the account is still unbalanced. Previously, expenditures were not going through the district’s ledger and warrant system and the school changed its procedure. With that in place, the account still shows a deficit.
“The business office is just going to have to watch that account,” Winters said.
The school is ahead of most districts in school lunch revenue, he noted. The cafeteria budget finished the year up $58,175.
“Because of the recession, other school districts are running a deficit here,” he said.
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Williamstown Fire District Dedicates New Station
By Stephen DravisiBerkshires Staff
Chief Jeffrey Dias recognizes firefighter Alexandra Riggs, who will graduate from Williams College next week. See more photos here.
WILLIAMSTOWN, Mass. — The Massachusetts fire marshal came to town Saturday to congratulate the local Fire District and the taxpayers of Williamstown for the "amazing" station they have built on Main Street.
"I travel around the state, and I've seen hundreds of firehouses around the state — some great, some not so great," Fire Marshal Jon Davine told a crowd gathered outside the station for its dedication. "And I think we saw what the previous station here was in Williamstown. I'll tell you, especially in Western Massachusetts, we have a really big problem with deteriorating firehouses throughout Western Mass. These buildings are collapsing around our firefighters.
"And, as the marshal, it's my job to advocate for the departments for more funding. We've been working with our state reps and local reps and the fire chiefs association, trying to come up with different funding streams, so that we can help these departments build new stations, do better, safer stations, so that they have the equipment and the building they deserve to do their job safely."
The chair of the Prudential Committee, which governs the Fire District, and the chief of the department both thanked Williamstown residents for the 2023 special district meeting vote that paved the way for the station that went into operation earlier this year.
"It's an honor and a privilege to join you today as we celebrate this grand opening of the new firehouse," Chief Jeffrey Dias said. "This facility is so much more than a building that houses fire trucks. It stands as a symbol of our community's commitment to safety, preparedness and public service. It's a place where our members will maintain our equipment. They will learn about our craft. They'll share meals and, yes, from time to time, they're going to share sorrow.
"This isn't a fire station. This is a firehouse. And people have heard me say this a million times already. And it houses the very best second family that one could imagine."
Dias was joined at the podium set up in the parking lot for the noon ceremony by Prudential Committee Chair David Moresi, state Rep. John Barrett III and the the Rev. William F. Cyr, who gave an invocation.
The Massachusetts fire marshal came to town Saturday to congratulate the local Fire District and the taxpayers of Williamstown for the "amazing" station they have built on Main Street. click for more
Residents of two properties managed by Pittsfield-based Hearthway Inc. were before the Board of Health on Tuesday with concerns related to the non-profit property manager. click for more
The eighth annual Spirit of Caring Awards included the Steve Green Spirit of Community Award, the Spirit of the Future Award and the Al Nelson Spirit of Caring Award. A fourth award was the Workplace Campaign of the Year, presented to Greylock Federal Credit Union.
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