(MONTGOMERY) - Barr-Reeve Schools Superintendent Travis Madison told the School Board on Tuesday that some unused money had been discovered, and he asked their permission to put it to use.
Andrea McCann of the Washington Times-Herald reports that $43,000 was left from the bond issue on the 1998 addition to the school. The monies can be only be used for a specific purpose, which he said will allow them to do some wiring and HVAC upgrades not covered in the recent work done with the Qualified School Construction Bond.
"Upon review of some of our financials ... we came across some money that hadn't been used," Madison told the board. "I'd ask the board to approve liquidation of some of those funds ..."
The request was approved.
Economics teacher Mike DeCoursey gave a presentation about a curriculum addition he has made. DeCoursey has piggybacked Dave Ramsey's "Financial Peace for Students" into his senior economics class. He said students consistently want to know: How will this help me in the future? Weaving the material into his economics curriculum, he can show them.
"Many of our seniors at Barr-Reeve are on the doorstep of making critical financial decisions that will have a lifelong impact," he told the board members, adding anecdotes about financial mistakes he made in his younger years. "Many students will enter two- or four-year institutions; some will enter the workforce."
According to DeCoursey, Ramsey's material is relevant whether students are going into the work force or to college after high school graduation. The three segments of focus are: Saving and Investing, Credit and Debt, and Financial Responsibility and Money Management.
"I'm just trying to throw up a warning: This stuff is coming whether you like it or not," Decoursey said.
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