The school board approved a change from a fiscal year budget to a calendar year budget. A fiscal year budget has an operation from July 1 to June 30. With the change to a calendar budget, the school board won’t have funds to operate from July to December as the corporation makes the transition.
Eastern Pulaski School Corporation is one of only two systems in the state that are on a fiscal year budget. The rest are on calendar year.
Superintendent Dr. Robert Klitzman said that the board received and approved the budget for the year this week. The budget will begin in July of 2012.
“Senator Charbonneau called and I talked with him and he is interested in looking at some legislation that would have all schools move towards a fiscal year budget,” said Dr. Klitzman. “When you stop and think about it, you call it a fiscal year budget, but really it’s a school year budget. We start a school year in August and our budget starts in July so there’s some benefits to it. On the other side of it, I do understand why some folks don’t want to change. It’s something they’re used to and they do it as a routine and as we all know change is difficult and quite frankly, I don’t think it’ll get changed. What I’m most interested in is that they leave us alone and we can do our projects the way we want to and so far they’ve done that. If they want to change I’m all for it.”
The Eastern Pulaski School Board held its budget hearing during its meeting Monday night.
“We’re one of just a few schools in the State of Indiana that operates on a fiscal year budget so our budget year is from July to June, whereas the vast majority of schools in Indiana have a budget year of January to December,” explained Superintendent, Dr. Robert Klitzman. “In January, we will ask for action on our budget and after that, we send it to Indianapolis and the folks in Indianapolis do what they do to mess with it and ultimately we’ll get our budget order and we’ll go with that.”