Source: Sherman Publications

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Brief--School Budget Discussed

October 03, 2012

John Fitzgerald discussed the school's budget at the Sept. 26 school board meeting. Of the total revenue expected in the 2012-2013 school year, thus far the district has received less than 2 percent, or just over $1.2 million. The funds have come from the local and state levels—$768,662 and $350,940, respectively. Through the current period of the fiscal year, the district has expended $8.62 million. Salary expenditures to date in this period of the fiscal year are $5.8 million. Purchased services amounted to $887,184, Capital outlay totaled $260,576, and Other expenditures equaled $34,479.