4/1/13 - While the Brighton Area school District is working to erase a legacy deficit, central office administrators must also prepare the district budget for the coming fiscal year, which starts in just three months. And those administrators are now predicting a balanced budget with a surplus for the coming year. At the regular Board of Education meeting last week, Superintendent Greg Gray told the board that in April he will present a budget for the coming fiscal year beginning July 1st that will show a fund balance, rather than a deficit. Gray gives part of the credit to the person who does the lionâs share of budget preparation and accounting work, Assistant Superintendent of Finance Maria Gistinger, whom he called a âmagicianâ with figures. But Gray tells WHMI the entire administrative staff and the board all deserve credit for making the hard choices that should yield some black ink by the end of the 13-14 fiscal year. Brighton is being required to eliminate its long-term legacy deficit by the end of the 13-14 fiscal year, and that information is contained in the latest deficit elimination plan that was submitted to the state on March 22nd. However, Gray says he would be surprised if he heard back from the state on whether it has accepted the districtâs plan before the end of the current school year. Regarding the 2013-14 budget, Gray wouldnât did not reveal specifics, saying that would be forthcoming this month. (JK)
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