starlocalnews.comIn The Community, With The Community, For the Community

Your Hometown:


Archives > Southlake Times > News

Torolopoulos looks to focus on finances

Published: Tuesday, February 12, 2013 1:34 PM CST
Sam Torolopoulos knows that financial stability is crucial for any school district to thrive, so he is seeking a place on the Carroll ISD Board of Trustees to help guide that stability.


Torolopoulos has filed to run in Place 6 on the school board, which is currently held by John Thane. Thane could not be reached for comment about his intentions to run for re-election, but Torolopoulos said he believes Thane is not running again.

Matt Kormann is also running for Place 6. Election Day is May 11.

Torolopoulos is a 12-year resident of Southlake. He has two children in the district, and he has a background in tax accounting.

“That combination, plus the budget issues the district is facing made me think that this is the time to get involved,” said Torolopoulos, who has served on the district’s budget and finance committee. “This year, we didn’t balance the district’s budget. We have a $3 million deficit. As a result of the economic downturn, the growth in our tax base isn’t as big.”

Torolopoulos said the budget is not a short-term issue but a long-term issue.

“We need to prioritize revenue to maintain the strength and quality of education we give our students, which I’m sure is on the minds of every board member,” Torolopoulos said. “Quality of education is utmost.”

Torolopoulos said his experience in finance will make him a good board member.

“I have experience in municipal accounting, and I have done audits for cities and counties,” Torolopoulos said. “So I understand the accounting side of municipalities and school districts.”

Torolopoulos said balancing the budget without raising taxes is his goal.

“We need fiscal responsibility, and we need to focus on priority of expenditures,” Torolopoulos said.

Torolopoulos said other priorities include transparency.

“I want to have the district’s financial information available for residents to see and review on a regular basis,” Torolopoulos said.

Torolopoulos said he also favors term limits.

“If someone gets on the board for 12, 14 or 16 years, it can cause the direction of the board to drift,” Torolopoulos said. “It’s a good checks and balances on the system.”

Share this Article
Bookmark and Share




Article Rating
Current Rating: 0 of 0 votes!Rate File:
Reader Comments
The following are comments from the readers.
In no way do they represent the view of Starlocalnews.com
You must register with a valid email to post comments.
Only your Member ID will be posted with the comments.
Registered users sign in here:

*Member ID:
*Password:
Remember login?
(requires cookies)
  Forgot Your Password?
 
Become a Registered User

Do not use usernames or passwords from your financial accounts!

Note: Fields marked with an asterisk (*) are required!

*Create a Member ID:
*Choose a password:
*Re-enter password:
*E-mail Address:
*Year of Birth:
 

(children under 13 cannot register)

 
facebook twitter Click here to subscribe to our newspaper
Submit a story Submit a photo Send a Letter
May 2013
Su M Tu W Th F S
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31
Event Date:
May 25th, 2013
Event Time:
9:00am - 8:00pm
Event Date:
May 26th, 2013
Event Time:
9:00am - 11:30am
Event Date:
May 27th, 2013
Event Time:
10:30am - 6:00pm