With a state budget in limbo, Silver Creek School officials are entertaining creative financing to pay the bills.
During a meeting Wednesday, School Board members authorized a transfer of more than $400,000 from undesignated accounts to help finance bond-anticipation notes on capital projects at the school.
The loans were taken out in anticipation of receiving state aid on the $10 million school improvement project passed a few years ago. Improvements have included a new roof on the elementary school, electrical upgrades and remodeling the cafeteria.
"If it goes past the end of June we're really in trouble," said Superintendent David O'Rourke, who added that he has no predictions on when the budget would pass. "I wish I had a crystal ball," he said.
"It seems like every day we hear that a budget is going to pass and then it does not," he said.
This is the second time that Silver Creek has dipped into its reserve funds to make a payment on a bond-anticipation note -- money that typically would be paid through state aid.
In other matters:
School officials accepted the resignation of John Hertlein, high school principal, who has accepted the superintendent's job at Brocton Central School. Hertlein, who has been employed in the district for 18 years, was honored at a reception following the meeting. The board approved a retirement incentive program that could affect about five teaching assistants and the coordinator of special education.
The board approved summer school programs, including academics and swimming, and named Dana Serure of Depew as summer school principal.