How much is the Wellington school district worth?
That’s the question new treasurer Tina Gabler asked the board of education July 19. She suggested hiring an independent appraiser to evaluate the district, especially after the construction of the new McCormick Middle School.
“It just makes sense when you have a new building,” she said. “It’s recommended to do this once every seven to 10 years for insurance purposes and as a requirement for state gap audits.”
Gabler said the cost of an independent audit can range from $15,000 to $20,000.
Work needed to prepare classrooms for an accurate evaluation would be extensive and must be done during a time when no students are in the buildings. Getting it out of the way this summer would be the best case scenario but Gabler said winter break, spring break, or next summer are also possible time frames.
“When we redid a building in my previous district, I had it in my head that we could do a new appraisal in-house. We never got it accomplished. Even working nights and weekends didn’t make it something we could feasibly do ourselves,” she said.
Schools superintendent Dennis Mock and board president Sandy Stewart said they could not pinpoint the last time an appraisal was done. They estimated it has been at least 15 years.
“We’re well overdue to get this done,” said Gabler. “It does take a large chunk of money but the goal in the end is to have our gap statements be accurate.”
The board gave Gabler approval to seek estimates for an audit and plans to revisit the issue in the near future.
Jonathan Delozier can be reached at 440-647-3171 or @DelozierNews on Twitter.
Jonathan Delozier | Wellington Enterprise New treasurer Tina Gabler says the Wellington Schools are long overdue for an appraisal.