Bourbon School Board Approves 2018-2019 Budget
The Bourbon School Board on June 29 passed a budget for the 2018-2019 school year.
The budget was approved unanimously. Public schools are required to adopt budgets by June 30. Bourbon board members held a special meeting to pass the budget.
Previous budget discussion took place during the board’s regular monthly meeting June 21.
According to Superintendent Patricia Thompson, the budget “contains the amount of funds needed to fully-staff the district for the next school year, a raise on the base for teachers and classified staff, and the cost of many other instructional resources crucial for the education of our students.”
Thompson is projecting ending the fiscal year with a 31.5 percent fund balance.
“Our administration, staff and board have been diligent in keeping expenditures down while maintaining a high-quality instructional services for our students,” Thompson wrote in a report to the board. “We are fortunate to have solid fund balances in the district. I will continue to work to stay apprised of revenue news from the state and federal level and will continue to focus on decision-making for the district that is fiscally responsible. We are fortunate to have an excellent district with strong support from our community.”
Read more on this story in the July 11 issue of the Independent News.