more info via emails

Here is the link to the information that Ruth Miller sent Mark Barrieau

From: mark [mailto:mbarrieau@verizon.net]
Sent: Saturday, May 04, 2013 11:14 AM
To: towncoordinator@templeton1.org
Cc: templetonadvisoryboard@gmail.com
Subject: FW: Request for clarification & information about NRSD Finances

Hi Jeff - Here is some info I got from Dr. Miller.  The school district refinanced the debt, and the borrowed money shows up as an expenditure on the FY 2012 budget. I had asked about how the district spent so much more than the previous year on debt service, this was the explanation. 

Regards,

Mark

From: Ruth Miller [mailto:rmiller@nrsd.org]
Sent: Tuesday, April 30, 2013 11:51 AM
To: mark
Subject: Re: Request for clarification & information about NRSD Finances

Mark,

Attached you will find the requested information.

Ruth S. Miller

Superintendent of Schools

Narragansett Regional School District

462 Baldwinville Rd. Baldwinville, MA 01436

Phone: 978-939-5661  fax: 978-939-5179

eMail: rmiller@nrsd.org

----- Original Message -----

From: mark

To:

Cc: , 'Joel Thompson' , 'Mary Lang' , 'Darren Elwell' , 'Joseph Boyd' , 'Town Coordinator'

Date: Sunday, April 28 2013 12:02 PM

Subject: Request for clarification & information about NRSD Finances

Dear Dr. Ruth Miller,

I am a new member on the Templeton Advisory Board, and I am putting together some history, attempting to graph the increase/decrease in the budget of NRSD over the past 10-15 years.

This information will assist the Templeton Advisory Board in gaining an understanding of Narragansett School District finances. We request the following information:

FY 2004 – School Dept. report in Annual Town Report is incomplete. Missing information, including total expenditures, Administration expense, Instruction expense etc. Is this info available?

FY 2012 – A large jump in debt service, $4.26 million, $2.5 million increase over the 2 years immediately prior, which were each about $1.7 million. Can you explain why?

FY 2013 budget submitted for annual report shows only $630,343 for debt service principle. It shows nothing budgeted for interest. Quite a drop from the previous year. Can you offer any clarification or explanation?

Can you provide a record of NRSD E&D, Stabilization or any other such funds available to the District? We would be especially interested in seeing a history of these funds over the past 10-15 years.

Sincerely,

Mark Barrieau

Advisory Board Member