Tentative FY 2024 Budget Approved, Student Enrollment Numbers are Dropping
•August 23, 2023•
by Ariana R. Cherry
The 2023-2024 FY Tentative Budget was approved at the school board meeting Wednesday, August 16. “We try to be as conservative as possible when we put these numbers together. It is a solid budget, and we fell into tier four this year,” Superintendent Shannon Cheek stated. The EAV dollars and enrollment are how the state decides how much funding the school district will receive and what tier it is put into. The ALAH district received an additional $890.
“Our EAV continues to grow each year, but when your enrollment is dropping, that is not such a good thing. But even with those two factors, I feel like we have built a pretty solid budget. We fell into the black this year, but the fund that we need to monitor the most is our transportation fund. Those rates continue to go up. We are projecting a deficit in that account and will have to monitor and see what happens. There is a chance that we might need to do a transfer of funds,” explained Cheek.