Mt. Vernon Schools expect to save money thanks to rise in studen - 14 News, WFIE, Evansville, Henderson, Owensboro

Mt. Vernon Schools expect to save money thanks to rise in students

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MT. VERNON, IN (WFIE) -

The Mt. Vernon School District expects to save hundreds of thousands of dollars all thanks to an increase in the number of students and retirements within the district.  

The Mt. Vernon Superintendent, Tom Kopatich, says there are 20 more students enrolled in the district now, and more than 20 district employees who will be retiring at the end of the school year.

The additional students mean an additional $100,000 from the state for meeting certain guidelines.  

Kopatich says 18 certified administrators and teachers will be retiring due to a special incentive plan the district is offering. He says he expects to fill all of these positions. The new hiring's will save the district about $30,000 per hiring. 

He says the extra money will be used for future growth within the schools and within the city.

"We have many businesses that are expanding, hiring process is now going through. Of course down the future as you know, pretty shortly we are going to have the fertilizing plant that's a $2.3 billion project that is going to bring families to Mt. Vernon," Kopatich says.

He says that despite past financial troubles, the Mt. Vernon schools are improving in their academic ratings.

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