ALAH School District Reviews Tentative 2016 Budget
•September 2, 2015•
By Ariana Cherry
Reporting from Arthur
The Arthur-Lovington/Atwood-Hammond school board discussed a tentative 2016 budget at their last regular meeting. “There is about a $150,000 difference in the education fund,” stated Superintendent Kenneth Schwengel. “We had to move $150,000 to the transportation fund so that it would be in the black,” he said. “We also have yet to receive a million dollars in reorganization funds.”
The estimated beginning fund balance for the ALAH district as of July 1, 2015 is $1,347,192. The budget calculates the total disbursements/expenditures to be $8,556,208. If the district receives all of their appropriate funding, the anticipated ending balance for June 2016 has been calculated to be $1,615,666. The board noted that the budget will be on display for the next 30 days and then a hearing will be held at 6 p.m. September 21 to approve it.
Other matters that were discussed or voted upon:
-Students returned to class Wednesday, August 19.
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