Otsego excited to cash in on casino PDF Print E-mail
Written by PETER KUEBECK, Sentinel Staff Writer   
Monday, 04 February 2013 09:57
TONTOGANY - The Otsego Local School District is excited - and hopeful - about casino revenues coming its way.
"We're expecting our first dispensation on Jan. 31," said district Treasurer Dawn Jacobs at Tuesday night's school board meeting. "It is just under $33,000 for this first payment, and I think that's a pretty positive amount when you consider the fact that the openings of the casinos were staggered. The latest one didn't open until Oct. 5 in Columbus. This is not a full year's operations."
In response to questions from board member Elizabeth Gorski, Jacobs noted that the revenues from the casinos will not reduce the monies coming to the district from the state general fund. Additionally, the casino monies, by law, are not earmarked for certain expenses, and thus can be used for any operational costs.
"Our hands aren't tied as to how we spend it," she said.
The payments are scheduled to be made twice each year, on Jan. 31 and Aug. 31.
Jacobs said that they are cautiously optimistic that the funds from the casinos will increase.
"As long as people gamble. I don't see that's going to stop anytime soon," she quipped.
"I felt very positive about our payment," she said later.
"It's not going to be a huge windfall over the fiscal year, but something to think about, make plans for."
Superintendent Adam Koch also updated the board on the progress of the new junior high facility.
"The junior high is scheduled, staying on track there," he said. "The junior high office and new central office is getting painted."
Additionally, necessary demolition at the site is complete, electrical work is being finished up, and cabinets are being installed.
"Everything's on pace to be finished in the spring, and we'll get everyone moved in there by the start of the next school year."
Grades 6, 7 and 8 will be moved into the facility "which will allow the elementary to be Pre-K through 5," he said.
The board additionally voted unanimously to approve the reduction in force of the district's technology coordinator position. Koch stated that the position is being cut for financial reasons, and the last day for that employee will be Feb. 8.
The district expects to save between $40,000 and $50,000 annually by cutting the job.
In other business, the board went into executive session to discuss the employment of personnel.
Last Updated on Monday, 04 February 2013 10:08

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