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Schools
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Dr. Gan gel said five employees are eligible for the program, and two more have expressed an interest in retiring early. "
It was up to the School Board to decide whether or not it wanted to participate in the program. Assistant superintendent Robert Chappell said he had run calculations based on the assumptions that the employees would otherwise have continued until age 65 and would now be replaced by new employees with five years experience. Using these calculations he said it would cost the school system some to participate, but that basically participating “would be a wash.”
Dr. Gangel said the General Assembly had adopted the program with the idea that it could save some localities money by having employees retire whose positions would not be filled with new employees. He said that the school system would not be able to take advantage of that because retiring employees will have to be replaced.
Dr. Gangel also announced that the Average Daily Membership for March was 947. The March ADM figure is used to compute the state’s contribution to the budget.
When the current budget was prepared, it was based on an ADM of 904. Dr. Gangel said he was hoping that the higher figure would increase Rappahannock’s funding, but that cuts announced earlier in the year in sales tax revenue and in basic aid wiped out the gain based on attendance and left the county with $9,000 less in state aid than had been
92.9%