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Director, Scott Hafertepe, does not anticipate a major increase in residential property tax revenue, and assumes about $2,250 per pupil in State Foundation Formula funding (which is based on the FY 07 student enrollment). He also expects a loss of Prop C Sales tax dollars of approximately $200,000, based on the FY 08 student enrollment, which is less than FY 07. Looking forward, because of the continuing decline expected in enrollment in FY 10, the district expects to lose $500,000 in State Foundation Formula funds in the FY 10 school year. Thus, the District is looking at all areas of the budget for ways to cut costs, including staff reductions in the schools to minimize the District expected deficit. No final decisions were made at the meeting. Mr. Hafertepe will begin negotiations regarding salaries, benefits and retirement with the teachers’ union shortly. March 27University City Historical Society On Thursday, at 7 pm the is hosting a lecture by preservationist, Esley Hamilton titled The Historic Preservation Movement, about how the historic preservation movement got started and how it has evolved and picked up momentum under after World War II. The lecture will be held at the University City Library AuditoriumThe Historical Society is also seeking new members. . All members receive invitations to events and programs, are invited to the annual dinner, receive a quarterly newsletter about the history of University City and receive discounts on Historical Society gifts. Century Plaques are provided for members with homes that are more than 100 years old. You can get an application form at the Library or by writing to the UCHS c/o University City Library at 6701 Delmar, 63130. Statewide Preservation Plan Every five years Missouri updates its —a call to action for all Missourians to recognize and plan for the preservation of Missouri’s historic resources. The plan establishes broad goals and outlines potential actions by private individuals, local preservation groups, and government agencies to preserve and increase appreciation for historic properties in our community. The first step in developing a five-year plan is to gather the citizen opinion about preservation needs challenges and successes.The Missouri State Historic Preservation Office will be collaborating with local communities to host regional planning meetings. Interested parties are welcome to attend any meeting, the closest to us is: Wednesday, March 26, 2008, 7:00 p.m. - 9:00 p.m. Government Center (next to City Hall) 1055 St. Francois, Florissant, MO Information on these and additional meetings will be updated at: www.dnr.mo.gov. For more information on the current statewide preservation plan, visit: http://www.dnr.mo.gov/shpo/preshor2004.pdf . Information about State Preservation Tax Credits are attached. Historic property owners can recoup up to 50% of their rehabilitation project costs when they meet the Secretary of Interior standards. Olivette City Council The pinned down a location and time for your get together. The AMC Tile Showroom in Olivette at 9245 Dielman Industrial Drive at 5:30 PM on Wednesday, March 19. To get to the showroom, turn onto Dielman Industrial Drive from Olive (at the US Bank Call Center) and turn left at the bend. The showroom is the first building on the right.