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PLTC operating in the black after five years in the red

Posted on Tuesday, June 19, 2018 at 3:00 pm

By Kyle Boaz
lpjed@lcs.net
The financial struggles of the Clopton school district are currently being addressed by its school board, but one of the biggest problems is located in Eolia.
Pike-Lincoln Technical Center, whose budget is in the Clopton school district, has been operating at a loss, with the exception of the 2017/18 school year.
According to DESE records, Pike-Lincoln Technical Center has posted losses in revenue minus expenses of $166,891.91 (2013-14 school year), $384,530.03 (2014-15 school year), $438,373.26 (2015-16 school year) and $559,089.87 (2016-17 school year) consecutively.
A 6500 capital outlay of $411,368.13 reduces the total deficit to $1,137,516.94.
“The numbers from DESE don’t include state grant money, federal grant money, salary reimbursement, enhanced grant funds, at risk funds and end of the year funding that is split between the 53 career centers in the state,” Clopton Superintendent Mark Harvey said.
“Money goes to the district as a whole [and] doesn’t go straight to Pike-Lincoln Technical Center.”
Harvey also said that only 35 percent of revenue is shown on the DESE website and that 65 percent of their revenue comes from the above mentioned sources.
The estimation that Harvey had was that Pike-Lincoln Technical Center operated in the red from the 2012-13 school year to the 2017-18 school year in the amount of $348,839.

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