Budget Modifications Approved at Neillsville School Board Meeting
Thursday, November 21st, 2013 -- 9:15 am
Posted by Riley Hebert-News Director
-Some budget modifications were approved during the Neillsville School Board meeting on Tuesday.
The board approved the new budget numbers now that the state has provided how much aid each district will be getting. In the General Fund, or Fund 10, Revenues the Local Sources Line increased from $3,319,049 to $3,475,422 seeing a total increase of $156,373. For the Other School Districts within Wisconsin Line that increased from $228,400 to $239,000 for a total increase of $10,600. And for the State Sources Line of the budget, that increased from $6,198,905 to $6,206,233 for a total increase of $7,328. The total for Fund 10 Revenues came to $10,212,755.
For the Fund 10 Expenses, the Instruction Line of the budget saw a decrease from $4,790,050 to $4,721,567 for a total decrease of $68,483. The Support Sources Line saw an increase from $4,418,823 to $4,644,690 for a total increase of $225,867. The total for Fund 10 Expenses came to $10,358,257.
The board also approved Willis of Wisconsin as their employee benefit and insurance agent for the district and they approved a request from the President of the Class 0f 2013 to release the remaining funds in their account to use for future endeavors. That amount came to $145.43.