Budget Passed for Sullivan Schools Still Sees Deficit Spending
Still, overall, budget in the black for 13-14
by Keith Stewart
keith@newsprogress.com
The Sullivan School board approved a budget for the 2013-2014 year Monday, September 9 with an estimated deficit of $1,494,373.
However, the budget overall is estimated in the black after considering the beginning fund balances as of July 1, 2013, as well as the $1.4 million in working cash bonds, leaving the district with an estimated $3,688,945 balance across its nine funds come next June.
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