The Nashville High School Board of Education met last night and they discussed the financial outlook for the remainder of the year.  Superintendent Wendy Davis presented the end of the 3^rd Quarter statement.  In the Educational Fund, they have received 75 percent of their revenue from state aid and local taxes, but they are a little behind on payments, as the local taxes were due to the county later than normal this year, so they will probably be late getting to the school, but Davis says they will get this revenue.  She doesn’t know when the state might release their payment, but the problem is that the state only gives 89 percent of what the schools are due, but they recently cut back over 2 percent, so NCHS will be getting $26,000 less than originally anticipated.  She did say that they are three-fourths of the way through the year, so they are on target as of now, but they may not get another Ed Fund payment this year from the state.  Also, the school is a little behind in revenues in the Operations, Maintenance and Building Fund, for the same reasons as previously mentioned.  But they have received 85 percent of their anticipated revenue.  While only 65 percent of their budget has been spent as of now, Davis says there was plenty work done in the 3^rd quarter that hasn’t been paid, so it will show up in the 4^th quarter statement.  The Transportation Fund is not going to look good, as schools were told they might only receive 2 payments from the state this year, but a third payment would be in the next school year.  The 3^rd payment will also be pro-rated, so it won’t even be the full amount that schools are expecting.  Expenses paid out are low at this time, but that is because the buses don’t run in the summer and so expenses don’t occur until later in the school year.  The only saving factor that could help balance the Transportation Fund is that gas prices dropped and have stayed down.  As of this report, the school has only spent 43 percent of their budgeted expenses for fuel.  The Board agreed to allow Davis to put together the Amended Budget and then set a public hearing on it for June 22^nd at 6 PM in the Media Center.  After closed session, they hired Mary Wilke to be the Co-Coach for Cheerleading, appointed Michelle Goostree as Freshman class sponsor for next year and then hired a couple of summer custodians, including Isaiah Guinzy and Andrew Davis.