June 28, 2010

Joplin School Board To Review Budget

From today’s Joplin Globe:

JOPLIN, Mo. — The budget for the next fiscal year will be the key agenda item during Tuesday’s meeting of the Joplin School Board.

The school district’s fiscal year begins Thursday.

The board will review a proposed operating budget of $70.5 million after taking into account revenue sources such as stimulus money, said Paul Barr, the district’s chief financial officer.

The original budget for the current fiscal year, passed in June 2009 but not reflecting any budget amendments after its passage, called for an operating budget of $70.8 million.

District documents indicate that after factoring in amendments that already have been approved and amendments to be taken up by the board on Tuesday, the final operating budget for the current fiscal year is to be more than $74.4 million.

Barr said next year’s operating budget would have been closer to $73.5 million had it not been for several million dollars in reductions aimed at preparing for cuts in state aid over the next couple of years.

The full article is here.

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