KPS officials adjust budget after student count

By: 
Dennis Mansfield, Contributing Writer

KALKASKA – Kalkaska Public Schools has to dip into its fund balance a bit more than it planned for the current 2017-18 school year.

And, that’s mostly due to the district having fewer students than budgeted, according to a blended unaudited pupil count for February and October.

According to Nadia Hoover, LEA accountant for KPS, the count totalled 1,504.46 full-time equivalent students. That was nearly 40 less than projected.

With the corresponding loss in state aid, the KPS Board of Education unanimously approved, 7-0, a budget adjustment to make up for the lost revenue.

“This is what we’re planning our budget on,” Hoover said of the student count. “We adjusted all of the revenue from there.”

According to the approved resolution, the district’s adjusted budget will include nearly $15.2 million in revenues and more than $15.6 million in expenditures, with KPS now set to use more than $435,000 from its fund balance. That’s up more than $60,000 planned in the original budget.

Read the full story in our regular edition of The Review. To subscribe to the paper for just $34 a year, which includes access to our full online e-edition, please go to the subscription page on this website at: http://www.antrimreview.net/subscribe/

 

Category:

The Review

 

Mailing Address:
P.O. Box 313
Bellaire, MI 49615
Phone: 231-533-5651
Fax: 231-533-4662
 
Physical Address: 
4470 S. M-88 Hwy.
Bellaire, MI 49615

View Map

Email Us

Facebook Facebook Twitter

Latest articles

Wed, 04/17/2024 - 2:24pm
Wed, 04/17/2024 - 2:22pm
Wed, 04/17/2024 - 2:20pm

Please Login for Premium Content