Sullivan Schools Plan to See Further Reduction in State Aid
October 8, 2014
Expenditures also rise in latest budget
by Keith Stewart
keith@newsprogress.com
Last month the Sullivan school board approved an updated tentative budget that saw more than $200,000 less in revenue over the previous tentative budget.
After holding a public hearing on the budget (which went unattended by the public), the board unanimously passed the latest budget, which increases the overall deficit by $393,226. Of that, $212,726 was a loss in revenue, while $180,500 can be attributed to expenses.
With revenue, the kicker is despite the school district receiving 89 percent of its full state aid payment as in the previous fiscal year, this year’s amount is $198,147 less because of two primary factors.