Hope lives

Our dedicated doctors, nurses, researchers and sta are committed to finding a cure, so kids like Adrian can live their healthiest life – cancer free. We never give up hope of a world without childhood cancer and blood disorders, and that’s why we are here.

The school board initially received only one bid for the project — from Jared Building Co. — and chose in March to reject that bid and authorize central office staff to try to negotiate a lower price. The original bid was about $625,000, and school officials had anticipated the cost to be in the $360,000 to $370,000 range, Wilson said.

Over the next month, Wilson got Jared Building Co. down to about $594,000, but Duncan & Thompson offered to do the project for about $578,000, so the school board went with Duncan and Thompson.

School board President Amy Tosney noted that the school system is familiar with Duncan & Thompson and knows that company does good work, and Wilson concurred.

The school board also amended its fiscal 2023 budget to reflect the actual fund balance at the beginning of the fiscal year, carryover federal funds from the previous year, additional state and federal revenues, which were unknown at the time the original budget was passed, and a new projected ending balance.

The beginning fund balance was $122.3 million, which was about $729,000 more than had been projected due to unfilled employee positions and capital projects that were delayed due to the increased costs of building materials and labor, Chief Financial Officer Michele McCay said.

The system also carried over $6.5 million in federal funds from the previous fiscal year and has received about $1.3 million in state and federal money that had been unanticipated, including money for the Alabama Reading Initiative and special education needs, McCay said.

The new projected ending balance on Sept. 30 is $104.7 million, which is about $500,000 more than originally anticipated and still enough to cover six months’ worth of school system expenses, McCay said.

The Hoover school system still expects to dip into its reserves by $14.2 million to pay for various capital projects this fiscal year, she said.

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